Inflation is contemporary America's most pressing economic, social, and political problem. Reliable sources are available to describe the history of inflation in this and other soc ieties, to explain its cause of effects, and to indicate the 1/ pOlicies necessary to eradicate ·Unfortunately, the vast majority of the American people receives its information on this ~ubject, not from capable economists and historians, but instead from the electronic media -- the performance. of which draws into serious question the competence, if not the motives, 2/ of leading reporters and commentators
