Money, Inflation and Business Cycles: The Cantillon Effect and the Economy

This book provides the first systematic study of the Cantillon effect and its impact on the economy. The author classifies the various channels through which new money can be injected into the economy and shows that is not only the increase in money supply that is important, but also the way in which it occurs.

Author: Arkadiusz Sieroń
Publisher: Routledge
Published: 02/07/2019
Pages: 172
Binding Type: Hardcover
Weight: 0.95lbs
Size: 9.30h x 6.30w x 0.60d
ISBN: 9780367086657

About the Author

Arkadiusz Sieroń, PhD, is an assistant professor at the University of Wroclaw, Poland. He is a member of the board of the Mises Institute of Economic Education and author of several dozen scientific publications (including in such periodicals as the Quarterly Journal of Austrian Economics and Prague Economic Papers). He received scholarships at The Ludwig von Mises Institute in America (2014 and 2018 Summer Fellowships), won the 2018 Lawrence W. Fertig Prize for the best paper advancing economic science in the Austrian tradition in 2017, and placed third in the 6th International Vernon Smith Prize for the Advancement of Austrian Economics.