Dec 11, 2019
Robert Samuelson is an economics columnist for the Washington Post and spent several decades working at Newsweek, where he wrote on various economic topics. Robert is the author of several books, including *The Good Life and Its Discontents: The American Dream in the Age of Entitlement* and *The Great Inflation and Its Aftermath: The Past and Future of American Affluence*. He joins the show today to talk about the latter and its implications for today. David and Robert go in-depth about the Great Inflation, as they discuss the disagreement within macroeconomics during the 60s and 70s, the history and significance of the period, and how Ronald Reagan and Paul Volcker sought to end the inflation.
Tributes to Paul Volcker:
*Remembering Paul Volcker, The Man Who Tamed Inflation* by Scott Sumner
*Paul Volcker’s Legacy* by Scott Sumner
*How Paul Volcker Beat Inflation and Saved an Independent Fed* by Roger Lowenstein
*Paul Volcker Was Inflation’s Worst Enemy* by John Taylor
*Paul A. Volcker, Fed Chairman Who Waged War on Inflation, Is Dead at 92* by Binyamin Appelbaum and Robert D. Hershey Jr.
Transcript for the episode: https://www.mercatus.org/bridge/podcasts/12112019/robert-samuelson-paul-volcker-and-great-inflation
Robert’s Washington Post profile & bio: https://www.washingtonpost.com/people/robert-j-samuelson/?noredirect=on&utm_term=.6e300b47761d
*The Great Inflation and Its Aftermath: The Past and Future of American Affluence* by Robert J. Samuelson
*The Good Life and Its Discontents: The American Dream in the Age of Entitlement* by Robert J. Samuelson
David’s blog: macromarketmusings.blogspot.com
David’s Twitter: @DavidBeckworth