login
Home / Papers / Inflation

Inflation

88 Citations•2016•
Antonio Argandoña
ERN: Price Level; Inflation; Deflation (Topic)

No TL;DR found

Abstract

This is an entry for the second edition of Sage's Encyclopedia of Business Ethics and Society. It is a brief explanation of inflation, its causes and its consequences. Inflation has important economic, political, social and ethical implications for countries, especially because it affects the standard of living and distribution of income among citizens. The entry also discusses how inflation can be reduced and touches upon the issue of deflation.