Remembering Inflation,Used

Remembering Inflation,Used

SKU: SONG0691145407 In Stock
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Why we need to heed the lessons of high inflationToday's global economy, with most developed nations experiencing very low inflation, seems a world apart from the 'Great Inflation' that spanned the late 1960s to early 1980s. Yet, in this book, Brigitte Granville makes the case that monetary economists and policymakers need to keep the lessons learned during that period very much in mind, lest we return to them by making the same mistakes we made in the past.Granville details the advances in macroeconomic thinking that gave rise to the 'Great Moderation'a period of stable inflation and economic growth, which lasted from the mid1980s through the most recent financial crisis. She makes the case that the central banks' management of monetary policyhinging on expectations and credibilitybrought about this period of stability, and traces the roots of this success back to the eighteenthcentury foundations of modern monetary thought.Tackling fundamental questions such as the causes of inflation and its relation to unemployment and growth, the natural rate of inflation hypothesis, the fiscal theory of the price level, and the proper goals of central banks, the book aims above all to demonstrate the dangers of forgetting the role of credibility in establishing sound monetary policy. With the lessons of the past firmly in mind, Granville presents stimulating ideas and proposals about inflationtargeting principles, which provide tools for presentday monetary authorities dealing with the forces of globalization, mercantilism, and reserve accumulation.

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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.

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To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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