The Money Illusion
Irving Fishe$17.00
$20.00
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 1928 book, The Money Illusion, is one of the most important works on the subject.
Binding Type: Paperback
Publisher: Lushena Books
Published: 02/17/2011
ISBN: 9781639230976
Pages: 258
Weight: 0.67lbs
Size: 8.50h x 5.50w x 0.54d