The Money Illusion

Name: The Money Illusion
Price: 707 INR
Availability: InStock
Author: "Irving Fisher"
ISBN: 9781891396908

Irving Fisher

English

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Piracy-free

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Sustainably Printed

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About The Book

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2011 reprint of 1928 edition. Full facsimile of the original edition not reproduced with Optical Recognition Software. 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 Fish