出版社:Liberalni Institut, University of Economics, Prague
摘要:Price deflation has long been a bugaboo of economics; cordially hated, reviled
and feared by practically everyone. There is some justice in these sentiments when the
price deflation comes about as a result of government action. However, there is no warrant
for them when they stem from the freely made economic decisions of the masses of
economic actors. Then, price deflation is not only not problematic, it is a positive virtue.