The Great Wave (book)
| Author | David Hackett Fischer |
|---|---|
| Cover artist | Quentin Matsys |
| Language | en |
| Subject | Prices -- History.
Business cycles -- History. Economic history. |
| Publisher | Oxford University Press |
Publication date | 1996 |
| Publication place | United States of America |
| Pages | 552 |
| ISBN | 978-0195053777 |
| OCLC | 33947935 |
The Great Wave: Price Revolutions and the Rhythm of History is a scholarly work by historian David Hackett Fischer, published in 1996 by Oxford University Press.
Hackett Fischer identified three complete monetary waves in European history, each consisting of a price revolution, featuring high inflation, followed by a war crisis, followed by a new equilibrium.p4 A fourth wave began, says Fischer, with the persistent monetary inflation of the 20th century.p182