A collection of essays spanning the decade from 1968 to 1976 that cover the nature and cause of inflation, historical surveys of inflation, and policy analyses. The selection of essays is meant to reflect the perception of the problem of inflation, as well as the prognoses and disappointments,...

Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whose career has spanned almost half a century. Her contributions evidence a broad expertise in international history and policy, and an...