Theodore Dalrymple on the culture of inflation
In the Summer 2009 issue of City Journal Theodore Dalrymple discusses the cultural effects of inflation: asset inflation—ultimately, the debasement of the currency—as the principal source of wealth corrodes the character of people. It not only undermines the traditional bourgeois … Continue reading
Posted in Economics, Politics
Tagged Austrian Economics, City Journal, Consumerism, Deflation, Economics, Inflation, Jörg Guido Hülsmann, Keynesian Economics, Libertarian Socialism, Picoeconomics, Progressives, Theodore Dalrymple
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