1997
First Published
4.09
Average Rating
135
Number of Pages
This book sets out to explain the complexity of why increased production does not that always bring with it lower prices. According to the book, those who look upon monetary expansion as a way to eradicate almost all unemployment fail to appreciate that persistent unemployment is a non-monetary or 'natural' economic condition, which no mount of monetary medicine can cure. Selgin explores the differences between these monetary and natural conditions, and proposes solutions of his own.
Avg Rating
4.09
Number of Ratings
53
5 STARS
32%
4 STARS
51%
3 STARS
13%
2 STARS
2%
1 STARS
2%
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