Robert Higgs, author of Depression, War, and Cold War, explains the economics of inflation in light of historical experience. In particular, he explains the relationship between inflation and war. Recorded at the Mises Circle in Houston, Sponsored by Jeremy S. Davis; Saturday, 24 January 2009.
Dr. Robert Higgs is retired and lives in Mexico. He was a senior fellow in political economy for the Independent Institute and longtime editor of The Independent Review; he was also a senior fellow of the Mises Institute. He is the 2007 recipient of the Gary G. Schlarbaum Prize for Lifetime Achievement in the Cause of Liberty, and the 2015 Murray N. Rothbard Medal of Freedom.