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

By George Selgin

In this new edition of his highly praised 1997 book, George Selgin argues that monetary policy should not have the goal of price stability, but should aim to allow prices to move in-line with movements in productivity (the so-called "productivity norm"). Radical and contrarian, this hugely original book remains a mini-classic.

• Format: Paperback
• Language: English
• ISBN: 1948647109
• ISBN13: 9781948647106
• Release Date: September 2018
• Publisher: Cato Institute
• Length: 188 Pages
• Weight: 0.40 lbs.
• Dimensions: 0.4" x 5.0" x 7.0"