The Great Inflation and Its Aftermath: The Past and Future of American Affluence
Categories: Business & Money, History
The Great Inflation and Its Aftermath is a 2008 book by economics columnist Robert J. Samuelson. He argues that the double-digit inflation of the 1960s and 1970s and the long effort to defeat it shaped modern American prosperity, and that the wealth and confidence built afterwards helped set up the financial crisis that followed.
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- Fareed Zakaria: “It's one of the best books I've read that, in a sense, sheds light on the causes of the recent financial crisis.”