Originally published in 1978, this volume is a revision and major extension of Hazlitt’s What You Should Know about Inflation from 1960. The first part is the revision and the remaining three-fourths is new material reflecting the serious inflation problems of the mid-1970s. Hazlitt present not only an Austrian perspective on inflation, he offers critiques of other schools of thought as well as debunking numerous fallacies about inflation that are still around today. He also has a very useful discussion of the relationship between inflation and deficit spending that is more timely than ever.

Also from the FEE Library
Letter from Henry Hazlitt to Henry Regnery January 30, 1975 by Henry Hazlitt
Letter from Henry Hazlitt to Henry Regnery January 30, 1975 where Hazlitt explains how he helped make Hayek’s the Road to Serfdom a hit in the US.
Letter from the Canton Supply Company to Henry Hazlitt April 17, 1951 by Canton Supply Company
Letter from the Canton Supply Company to Henry Hazlitt April 17, 1951, praising Hazlitt for his book The Great Idea, which was later republished as Time Will Run Back.
Mencken: A Retrospect by Henry Hazlitt by Henry Hazlitt
Mencken: A Retrospect by Henry Hazlitt from Hazlitt’s Business Tides column February 20, 1956.
Comment on Louis Spadaro’s Toward a Program of Research and Development for Austrian Economics by Murray N. Rothbard
Murray Rothbard comments on Louis Spadaro’s paper on the future of Austrian Economics at the Austrian Conference at Windsor Castle in September 1976.
Clichés of Socialism Number 43 by Leonard E. Read
“No one must profit from the misfortune of others.”

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