This important book tackles the problem of inflation in contract
law - whether, and to what extent, contract rules should take
inflation into account.The book offers an original approach in
proposing that the distributive effects of inflation are an
important factor in the design of contract rules. The author also
finds that the wealth distribution caused by inflation is relevant
to the design of contract rules whichever normative perspective of
the contract law one adopts. The book draws theoretical and
practical implications of the analysis and suggests that different
starting points will result in different solutions. Inflation and
the Enforcement of Contracts is essential to anyone interested in
research or policy making in the area of contract law.
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