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Friedman and Schwartz marshaled massive historical data and sharp analytics to support the claim that monetary policy—steady control of the money supply—matters profoundly in the man-agement of the nation’s economy, especially in navigating serious economic fluctuations. In their influential chapter , “The Great Contraction”—which ...
436 ratings22 reviews. Writing in the June 1965 issue of theEconomic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: The long-awaited monetary history of the United States by Friedman and Schwartz is in every sense of the term a monumental scholarly achievement--monumental ...
Milton Friedman and Anna Jacobson Schwartz’s A Monetary History of the United States, 1867–1960 is one of the most influential economics books of the twentieth century. A landmark achievement, it marshaled massive historical data and sharp analytics to argue that monetary policy—steady control of the money supply—matters profoundly in the management of the nation’s economy ...
"The long-awaited monetary history of the United States by Friedman and Schwartz is in every sense of the term a monumental scholarly accomplishment—monumental in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small, in U.S. monetary history, monumental in the consistency and coherence of its analysis of nearly a century of drastic ...
A MONETARY HISTORY OF THE UNITED STATES* Not Just the Great Contraction: Friedman and Schwartz's A Monetary History of the United States 1867 to 1960f By Michael D. Bordo and Hugh Rockoff* Milton Friedman and Anna J. Schwartz— henceforth, FS—published A Monetary History of the United States 1867 to 1960—henceforth,
"A Monetary History of the United States, 1867-1960" by Milton Friedman and Anna Schwartz is an epic in economic literature. The authors concisely analyze nearly 100 years of monetary history and prove why monetary economics matter. Their work, originally published in 1963, offers immaculate insight into endogenous and exogenous economic variables that shaped US history.
- Milton Friedman, Anna Jacobson Schwartz
23. Jan. 2013 · Search the history of over 866 billion web pages on the Internet. ... A monetary history of the United States, 1867-1960 by Friedman, Milton, 1912-2006; Schwartz, Anna J. (Anna Jacobson), 1915-2012, joint author. Publication date 1963 T ...
