|Statement||by Seymour E. Harris.|
|Series||Franklin D. Roosevelt and the era of the New Deal|
|LC Classifications||HG538 .H29 1976|
|The Physical Object|
|Pagination||xxiv, 559 p. :|
|Number of Pages||559|
|LC Control Number||76010838|
Additional Physical Format: Online version: Harris, Seymour Edwin, Inflation and the American economy. New York, London, McGraw-Hill Book Co., Inflation: Noise, Risk, and Expectations By Haubrich, Joseph G.; Bianco, Timothy Economic Commentary (Cleveland), No. , J Read preview Overview Inflation Dynamics and the Great Recession By Ball, Laurence; Mazumder, Sandeep Brookings Papers on Economic . How Inflation and Deflation Impact Your Investments. High inflation incontestably destabilized the economy, leading to four recessions (those of , , and ) of growing severity; monthly unemployment peaked at percent in.
From this perspective, households have to grin and bear the negative consequences of inflation for the good of the whole economy. This narrative, so typical of economics, ignores the core reality of "inflation" in America: it's a battleground for the class war that's accelerating. If you're looking for a general overview of economics and how different economic systems work, "Basic Economics" is your guide. Thomas Sowell's bestseller covers the basics of capitalism, socialism, feudalism, and the like with a concise explanation of the underlying principles of 's very much a common-sense approach to high-level economic concepts explained for the . Inflation is when most prices in an entire economy are rising. But there is an extreme form of inflation called hyperinflation. This occurred in Germany between and , and more recently in Zimbabwe between and In November of , Zimbabwe had an inflation rate of billion percent. Periods of rapid inflation occur when the prices of goods and services in an economy suddenly rise, eroding the purchasing power of savings. The s saw some of the highest rates of inflation .
95 rows Why The Inflation Rate Matters. The inflation rate demonstrates the health . A Political Economy of the Measurement of Inflation by Florence Jany-Catrice, , Palgrave Macmillan edition, hardcover. For a more recent account of the factors affecting inflation its worth reading The Death of Inflation by Roger Bootle. Published in the book outlines the factors that were going to contribute to the sharp falls in inflation seen over the subs. New York: Basic Books. The quarter-century after World War II looks more and more like a golden age for the American economy. Its performance confounded the pessimists who expected a .