Hazlitt Was Right: Each Generation Must Learn Anew the Lessons From Inflation

Paul Krugman and other "elite" economists have been pushing inflation as the salvation of the U.S. and world economy, which means that the lessons we learned 30 years ago are stuffed down the Orwellian Memory Hole. As I point out in this Krugman-in-Wonderland post, however, "elite" academic economists and others were claiming the same thing [...]

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