It takes the average reader 3 hours and 39 minutes to read In Defense of Deflation by Philipp Bagus
Assuming a reading speed of 250 words per minute. Learn more
This book analyses the causes and consequences of deflation. In contrast to the widespread belief that deflation would be harmful to the economy as a whole, the author argues that free market deflation is liberating and beneficial. Several myths of deflation are exposed and the reasons for the widespread deflation phobia that serves to justify expansionary monetary policy, i.e., inflation are investigated. Two historical case studies, the growth deflation in the US after the Civil War and the bank credit deflation in Germany during the Great Depression are discussed to illustrate the points...
In Defense of Deflation by Philipp Bagus is 215 pages long, and a total of 54,825 words.
This makes it 73% the length of the average book. It also has 67% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 59 minutes to read In Defense of Deflation aloud.
In Defense of Deflation is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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