Philipp Bagus is Professor of Economics at the Universidad Rey Juan Carlos in Madrid. He is the author of numerous books, including In Defense of Deflation, The Tragedy of the Euro, and Blind Robbery!: How the Fed, Banks, and Government Steal Our Money (together with Andreas Marquart). His research interests in monetary and business cycle theory have been published in international journals such as the Journal of Business Ethics, Independent Review, the American Journal of Economics and Sociology, and more. His work has been awarded the O.P. Alford III Prize in Libertarian Scholarship, the Sir John M. Templeton Fellowship, and the IREF Essay Prize.