Inflation is blamed on many things but it has only one cause. It is a monetary phenomenon. Inflation occurs when the quantity of money increases faster than the quantity of goods. Why does the money supply increase? Very often it does so to enable the government to pay its bills without raising taxes. There’s only one real cure for inflation. So what is it? Find out in this episode.
Recorded in 1995, Dr. James M. Buchanan, Harris University Professor at George Mason University and Dr. Jennifer Roback Morse, Associate Professor of Economics at...
Today’s podcast is the 1990s discussion segment from “The Power of the Market,” part of an update to volume one of the ten-part public...
Professor Don Marinelli, Co-Director of the Entertainment Technology Center at Carnegie Mellon University, and Dr. Scott Stevens, Senior Systems Scientist at Carnegie Mellon University,...