Inflation: A Study In Economics, Ethics, And Politics is a book written by G. L. Bach and first published in 1958. The book is a comprehensive study of the economic, ethical, and political aspects of inflation, which is defined as a sustained increase in the general price level of goods and services in an economy over time. The book explores the causes and consequences of inflation and analyzes its impact on different sectors of the economy, including labor, capital, and government.The author begins by providing an overview of the history of inflation and its various forms. He then examines the economic factors that contribute to inflation, such as the money supply, demand for goods and services, and production costs. The book also delves into the ethical considerations of inflation, including its impact on income distribution and social justice.In addition, the book explores the political dimensions of inflation, including the role of government in managing inflation and the impact of inflation on political stability. The author provides a critical analysis of various policy measures that can be used to control inflation, such as monetary policy, fiscal policy, and wage and price controls.Overall, Inflation: A Study In Economics, Ethics, And Politics is a seminal work on the topic of inflation, providing a comprehensive and interdisciplinary analysis of this complex economic phenomenon. The book remains relevant today, as inflation continues to be a major challenge for policymakers and economists around the world.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
