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In this 33-minute talk, Joseph Salerno discusses the right way to define inflation, and how it impacts both economic prosperity and culture.
Delivered at the conference titled "The Twentieth Century: An Austrian Critique," sponsored by the Mises Institute and held in Atlanta, Georgia; 26-27 September 1997. [33:04]
Contact Joseph T. Salerno
Joseph Salerno is academic vice president of the Mises Institute, professor emeritus of economics at Pace University, and editor of the Quarterly Journal of Austrian Economics.
View the discussion thread.