great inflation of the late 1960s and 1970s. It is the first detailed analysis, using Federal Reserve documents, of the … policy that led to this inflation. Thomas Mayer considers forecasting errors and wage and price controls in his attempt to … explain why the inflation occurred and places some of the blame on ineffective operating procedures, institutional …

of money -- Inflation without a quantity of money : the Wicksellian approach. -- Technological risk and the social … -- Wicksellianism in a risky world -- The cost of inflation as moneylessness -- The cost of inflation as creditlessness -- A …This book explores the causes, costs and benefits of inflation. It argues that while the cause of inflation is …

It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this … presented in its place. The book aims to provide the foundations for a new analysis of inflation from a macroeconomic … in order to gain a thorough comprehension of inflation it is necessary to focus on the formation of national income, not …

macroeconomics of endogenous money -- pt. 4. The macroeconomics of exogenous interest rates -- pt. 5. Unemployment, inflation and the …

1. Introduction -- 2. Inflation and monetary regimes -- 3. Inflation under metallic monetary regimes -- 4. Moderate … paper money inflations -- 5. Characteristics of hyperinflations -- 6. Currency competition, inflation, Gresham's law and …

. Focusing on the relations between money and credit, and in turn their relationship to output, prices and inflation, this volume …