Thе Grеаt Inflаtion аnd Its Aftеrmаth: Thе Pаst аnd Futurе of Amеricаn Affluеncе
Publisher: Rаndom Housе
Number of Pages: 336
Published: 2008-11-11
List price: $26.00
It’s a giant gap in our history. The Great Inflation, argues award-winning columnist Robert J. Samuelson in this provocative book, was the worst domestic policy blunder of the postwar era and played a crucial role in transforming American politics, economy, and everyday life–and yet its story is hardly remembered or appreciated. In these uncertain economic times, it is more imperative than ever that we understand what happened in the 1960s and 1970s, lest we be doomed to repeat our mistakes.From 1960 to 1979, inflation rose from barely more than 1 percent to nearly 14 percent. It w...