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About depression and inflation from the First World War until 1990

• Χουμανίδης, Λάζαρος Θ.

With this my paper I tried to present some of the main facts and causes concerning depressions and inflations from the First World War to 1990 a period which marked the transition of our economic system through its tranformation to a more effective and hunanistic capitalism. My exloration makes also observations about the main causes which impacted on the appecrance of depressions (1929, 1973, 1976, 1979, 1983, 1989) and inflations and stagflation as well. Finally I underline that there is a danger to confront in the near future a new crash if we shall not adopt the as follow measures : a) The monetary policy of a money - community and the transition from mixed economy or from the socalled socialist economy to a free market economy step by step and not at once which causes an earthquake in the economy. The free competition in a such modelled economy must be 95% as an 100% free competition is imposible because of the mevitable 5% monopoly which can be confronted with an institutional tool so as to adapt the monopoly's price to a level of free competition price. b) The increase of the production and of the productivity especially in the ex so-called socialist countries and the exploitations of the new source of energy and of the natural sources to. c) The participation of the workers and employers in the net profits with bonus (only if inflation fluctuates between 0%-3%)of a percentage of 1/3 while the other 1/3 would be dosposal for taxes, losses, reserve capital ect and 1/3 as revard for the entrepreneur. Measures against pollution and more rational exploitation of the environment.

• Economics and Business

• Οικονομική ιστορία

Τίτλος: Περί των υφέσεων και του πληθωρισμού απο του Α' Παγκοσμίου Πολέμου μέχρι του έτους 1990