Journal of Libertarian Studies
Author:
Jude Blanchette
Online Publish Date:
his later writings. In a 1924 letter to Anderson, Hazlitt admits, “when I first opened [Anderson’s Value of Money ] I had at the back of my mind some crude form of of Keynes. In this respect, Anderson was the Hazlitt of his day—writing easily accessible, yet devastating critiques of increasingly technical economic theories. of money to slow down. As it becomes apparent that the spigot is permanently open, stage two occurs in which prices rise with the volume of money. If looked at as