Inflation Crisis and How to Resolve It
Prices are rising, as they inevitably must with an expansionary policy, and who is getting the blame? Not the Fed. Commentators claim its the weather or foreigners with greedy appetites for goods.
It has always been so: when the inflation arrives, the relationship between cause and effect is lost. This precisely why Hazlitt wrote this fantastic book. He drives home the point that the issue is not weather, not greed, not gouging, but monetary policy of the central bank.
It's never been more important than now that Hazlitt's message be heard.
Henry Hazlitt knew the works of Mises as well as anyone but he was not mainly a theoretician. He was a financial journalist, commentator, and interpreter of current events. In this sense, he was one of a kind: a learned economist with both feet in the real world of politics, financial markets, and the economics of everyday life.
The Inflation Crisis and How to Resolve It , newly in print in hardcover at a low price, is his masterpiece on money. The book reappears just in time: we are in the midst of an inflation crisis even if the effects are not yet fully felt....