The Inflation Crisis

Available for over a year

What is the difference between "personal history" and the "history of your time"? In this series for The Essay, author and broadcaster Michael Goldfarb looks back four decades to the dramatic events of Autumn 1973, a historical turning point, he believes, for him, his generation and much of the world. In his final essay on Autumn 1973, Michael Goldfarb summarizes how the great inflation challenged the progressive ideals of the 1968 generation, and ushered in a new era of politics.