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264 pages • first pub 1928 (editions)
ISBN/UID: 9781578987610
Format: Paperback
Language: English
Publisher: Martino Fine Books
Publication date: 13 August 2009
Description
2009 reprint of 1928 edition. 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 derive...
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264 pages • first pub 1928 (editions)
ISBN/UID: 9781578987610
Format: Paperback
Language: English
Publisher: Martino Fine Books
Publication date: 13 August 2009
Description
2009 reprint of 1928 edition. 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 derive...