Date of Award

8-1959

Document Type

Thesis

Degree Name

Master of Arts

Department

Master of Business Education

Abstract

Inflation is one of the most persistent economic problems of our time — one which we may have to live with for some time to come. It is an old problem which has invaded mankind since money was invented. At the same time, it is a new problem, because it can never be solved once and for all.

Inflation can be understood rather well. Fundamentally, its causes are simple and its effects are easy to recognize. In spite of our knowledge and experience of inflation, an agreement cannot be reached on how to best control inflation and its attacks on our economic system.

There are a number of reasons why inflation is so difficult to control. First, inflation is the result of a combination of causes which vary in importance from one situation to another. We live in a changing world; institutions change, techniques of production are new, new laws modify or replace the old; property and wealth are redistributed, and population grows. As a result, Inflationary processes and pressures always reappear in new forms which create new conflicts and interests which must be resolved in the context of social changes and economic circumstances.

Committee Chair/Advisor

William C. Ferguson

Publisher

Prairie View Agricultural And Mechanical College

Rights

© 2021 Prairie View A & M University

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Date of Digitization

02/18/2022

Contributing Institution

J.B . Coleman Library

City of Publication

Prairie View

MIME Type

Application/PDF

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