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Money Illusion
Language
English
English
Book
Paperback
In economics, money illusion refers to the tendency of people to think of currency in nominal, rathe...
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Libristo code: 04247380
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In economics, money illusion refers to the tendency of people to think of currency in nominal, rather than real, terms. This is a fallacy as modern fiat currencies have no inherent value and their real value is derived from their ability to be exchanged for goods and used for payment of taxes. The term was coined by John Maynard Keynes in the early twentieth century, and Irving Fisher book, The Money Illusion, is one of the most important works on the subject.
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About the book
Full name
Money Illusion
Author
Irving Fisher
Language
English
English
Binding
Book - Paperback
Date of issue
2009
Number of pages
248
EAN
9781607961833
ISBN
1607961830
Libristo code
04247380
Publishers
WWW.Snowballpublishing.com
Weight
384
Dimensions
156 x 229 x 15
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