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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.