Volume 9, No. 1 (Spring 2006)
The book Deflation: Current and Historical Perspectives, dedicated to the history and economics of the phenomenon of falling prices, is composed of 11 contributions by 20 economists from two major conferences on this scarcely investigated topic that were held in April 2000 at Claremont McKenna College and in 2002 at the XIIIth International Economic History Congress in Buenos Aires. The editors have organized the articles, all of which examine different historical periods of deflation, into four parts. They have also provided a scholarly introduction that aptly combines an exposition of a few theoretical elements, such as Keynes’s and Fisher’s analyses of the impact of continuously decreasing prices, with some general historical evidence and an overview of the different contributions.
