Heterodox
Below are updated links to various posts on 19th century economic history, in the US, the UK, Australia and Japan, as well posts analysing the deflation of 1873 to 1896.(1) General“The Gold Standard did not Prevent Price Inflation,” October 26, 2012.“The Classical Gold Standard Era was a Myth,” March 18, 2013. “The Profit Deflation of the 1890s,” June 13, 2013.“Alfred Marshall’s Judgement on the ‘Depression’ of 1873–1896,” June 13, 2013.“S. B. Saul on the Profit Deflation of the 1873–1896...
Read More »