70 Year Magazine Archive

Dark Horses

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There is no subtler, surer means of overturning the existing basis of society,” said John Maynard Keynes, “than to debauch the currency.”

Keynes was right, of course, and his followers in England and the United States have been hard at work for the past four decades to get the point across conclusively. The damage they have inflicted in the process is measured in Economic Calculation under Inflation (Liberty Press, 7440 North Shade-land, Indianapolis, Ind. 46250; $8.95), a collection of learned commentaries by Solomon Fabricant, Robert F. Sprouse, William A. Paton, Paul Grady, William H. Fletcher, Benjamin Rogge, Allen Spivey, William Wrobleski, and several others.

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