Those Who do not Know Their Opponent's Arguments do not Completely Understand Their Own.

This book is one volume of the highly acclaimed Opposing Viewpoints Series developed by Greenhaven Press.

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Those Who do not Know Their Opponent's Arguments do not Completely Understand Their Own.

This book is one volume of the highly acclaimed Opposing Viewpoints Series developed by Greenhaven Press.

Read More Show Less

Product Details

  • ISBN-13: 9780737764277
  • Publisher: Gale Group
  • Publication date: 10/5/2012
  • Series: Opposing Viewpoints Series
  • Pages: 240
  • Age range: 15 - 17 Years
  • Product dimensions: 9.00 (w) x 8.80 (h) x 1.00 (d)

Meet the Author

Table of Contents

Why Consider Opposing Viewpoints? 9

Introduction 12

Chapter 1 What Causes Inflation?

Chapter Preface 16

1 What Are the Causes of Inflation? John T. Harvey 18

2 Inflation Is Caused by an Increase in the Money Supply Howard Baetjer 26

3 Rising Wages Cause Inflation Shai Oster 32

4 Unions and Rising Wages Do Not Cause Inflation Robert P. Murphy 38

5 Stocks Move Higher on Strong GDP Report Michael J. Martinez 46

6 Economic Growth Does Not Cause Inflation Steve Saville 50

7 The Federal Reserve Influences Inflation Through Monetary Policy Board of Governors of the Federal Reserve System 54

8 The Federal Reserve Cannot Control Inflation John Kemp 57

Periodical and Internet Sources Bibliography 64

Chapter 2 Is Inflation Dangerous?

Chapter Preface 66

1 Inflation Destroys Economies Brad Lyles 68

2 Preventing Inflation Can Stifle an Economy Ha-Joon Chang 75

3 Inflation in China Will Exacerbate the Global Recession Shah Gilani 84

4 Inflation in China Will Help Both China and the World Economist 89

5 Inflation in Worldwide Food Prices Hurts the Poor Karen H. Johnson 94

Periodical and Internet Sources Bibliography 107

Chapter 3 What Inflationary Conditions Pose the Greatest Threat to the US Economy?

Chapter Preface 109

1 The United States Is at Risk of Stagflation Ronald McKinnon 110

2 US Stagflation Fears Are Overblown Oxford Analytica 116

3 The United States Is at Risk of Deflation Mortimer B. Zuckerman 120

4 Deflation Is Not a Serious Danger Richard Salsman 126

5 The United States Is at Risk of Hyperinflation Bob Adelmann 134

6 Hyperinflation Is Not a Serious Danger Peter Bernholz 140

Periodical and Internet Sources Bibliography 149

For Further Discussion 150

Organizations to Contact 152

Bibliography of Books 158

Index 162

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