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 2007, Dennis McCuistion, former Exec. Dir., Inst. for Excellence in Corporate Governance, UT Dallas, Robert Reich, former Labor Sec. under Pres. Clinton...
In the first of three sessions from 1978, the late Friedrich von Hayek, economist and Nobel laureate, and the late Leo Rosten, author and...
