George Selgin
The fluttering veil
- ISBN 13:
- 9780865971462
- author:
- George Selgin
- format:
- Paperback
- publisher:
- Liberty Fund Inc
- language:
- English
- Publication Year:
- 1997
- Pages:
- 462
- Dimensions:
- 23.37 x 16 x 2.79 centimetres (0
- Genre:
- Business, Economics, General,
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
This collection of essays by economist Leland Yeager explores the role of money in a free market economy and its impact on economic fluctuations. Yeager argues that monetary disequilibrium, or an imbalance between money supply and demand, is the root cause of the business cycle.
Yeager's work focuses on the importance of well-designed monetary arrangements and policies in maintaining a successful free-market system. He also examines the consequences of government interventions in monetary policy and argues that these are not inherent to capitalism, but rather 'alterable consequences' of misguided or mischievous actions.
The essays cover four main topics: Monetary Disequilibrium and Its Consequences, Monetary Misconceptions, Keynesianism and Other Diversions, and Avoiding Monetary Disequilibrium. This collection provides valuable insights into the monetary foundations of a free society, as explained by Professor George Selgin in the introduction.