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NOVEMBER 14, 2012 by STEVEN HORWITZ
Dr. Steve Horwitz explains the cause and costs of inflation.
Dr. Horwitz is the Charles A. Dana Professor of Economics at St. Lawrence University in Canton, NY. He is the author of two books, Microfoundations and Macroeconomics: An Austrian Perspective (Routledge, 2000) and Monetary Evolution, Free Banking, and Economic Order (Westview, 1992).