George Reisman's Blog on Economics, Politics, Society, and Culture

This blog is a commentary on contemporary business, politics, economics, society, and culture, based on the values of Reason, Rational Self-Interest, and Laissez-Faire Capitalism. Its intellectual foundations are Ayn Rand's philosophy of Objectivism and the theory of the Austrian and British Classical schools of economics as expressed in the writings of Mises, Böhm-Bawerk, Menger, Ricardo, Smith, James and John Stuart Mill, Bastiat, and Hazlitt, and in my own writings.

Showing posts with label money relation. Show all posts
Showing posts with label money relation. Show all posts
Friday, January 09, 2009

FALLING PRICES ARE NOT DEFLATION BUT THE ANTIDOTE TO DEFLATION

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This is the first in a series of articles that seeks to provide the intelligent layman with sufficient knowledge of sound economic theory to...
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