The Inflation Crisis, And How To Resolve It.

HAZLITT, Henry.

Item Number: 3455

New York: Arlington House Publishers, 1978.

First edition of the author’s masterpiece on money. Octavo, original cloth. Inscribed by the author in the year of publication, “To Robert G. Dunlop Henry Hazlitt Aug. 8, 1978.” Fine in a near fine dust jacket.

Henry Hazlitt was a financial journalist, commentator, and interpreter of current events. In this sense, he was one of a kind: a learned economist with both feet in the real world of politics, financial markets, and the economics of everyday life. In The Inflation Crisis, And How To Resolve It, Hazlitt begins with an overview of what inflation is and covers the abysmal record of government money management. He clearly explains the cause and effect: first comes the printing and then come the business cycles and price increases. He explains that the only real cure for all of the effects is to treat the cause: end the government's power to print. For this reason, Hazlitt favors a gold standard. As H.L. Mencken said of him, he was the only economist of his generation who could really write.