Money and Inflation: A New Macroeconomic Analysis

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Edward Elgar, 2001 - Business & Economics - 238 pages
'Reading Rossi's book is . . . fascinating and refreshing, and highly worthwhile.' - Heinrich Bortis, Journal of Economic Studies 'It is one of Rossi's merits that his book moves from a critical to a positive analysis of inflation. . . the reader is thus taken on a stimulating journey where well-established "truths" are challenged on logical and factual grounds.' - from the Foreword by Mauro Baranzini and Alvaro Cencini It is a popular notion that money and output are separate and autonomous entities. Money and Inflation argues that this idea can neither explain the purchasing power of money nor its variations over time, and a new theory is therefore presented in its place.

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