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  2. Deflation: Myth and Reality

Deflation: Myth and Reality

Further reading:

Apoplithorismosphobia by Mark Thornton

In Defense of Deflation by Philipp Bagus

Deflation and Depression: Is There an Empirical Link? by Andrew Atkeson & Patrick J. Kehoe

Deflation and Economic Growth: The Great Depression as the Great Outlier by Pavel Ryska

The U.S. Monetary Policies Against the Great Recession of 2008: A Critique from the Deflationist Viewpoint of the Austrian School by Renaud Fillieule


Less Than Zero: The Case for a Falling Price Level in a Growing Economy by George Selgin

The Ethics of Money Production by Jörg Guido Hülsmann

Money: Sound and Unsound by Joseph T. Salerno

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