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Monetary Regimes and Inflation: History, Economic and Political Relationships
This book explores the characteristics of inflations, comparing historical cases from Roman times up to the modern day. High and moderate inflations caused by the inflationary bias of political systems and economic relationships - and the importance of different monetary regimes in containing them - are analysed. Peter Bernholz demonstrates that certain macroeconomic ...more
Paperback, 224 pages
Published January 27th 2006 by Edward Elgar Publishing Ltd
(first published January 1st 2003)
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A very impressive book incredibly packed with data and research. At times there's so much data in there that it becomes harder to read for enjoyment as it feels almost as hard as research academic papers, but for that I respect it all the more in this age where so many books are so very soft on logic and on data and fill their pages more with anecdotes than content. Not this book though! So much data, every statement inspected from different angles with great logical rigor applied to a ...more
A reasonably good look at the monetary inflations of history and how they ended. I appreciated the careful look at the data and the conclusion points at the end of each chapter. I wish that the author had written a general conclusion chapter to tie together everything. (Note: I skipped the mathematical model sections)