A Monetary History of the United States, 1867-1960 - Friedman, Milton; Schwartz, Anna Jacobson
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According to Hugh Rockoff, writing in January 1965: "If Great Depressions could be prevented through timely actions by the monetary authority (or by a monetary rule), as Friedman and Schwartz had contended, then the case for market economies was measurably stronger". Milton Friedman won the Nobel Prize in Economics in 2000 for work related to "A Monetary History", as well as to his other Princeton University Press book, "A Theory of the Consumption Function" (1957).
Presents historical data and analytics to support the claim that monetary policy - steady control of the money supply -…mehr

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Produktbeschreibung
According to Hugh Rockoff, writing in January 1965: "If Great Depressions could be prevented through timely actions by the monetary authority (or by a monetary rule), as Friedman and Schwartz had contended, then the case for market economies was measurably stronger". Milton Friedman won the Nobel Prize in Economics in 2000 for work related to "A Monetary History", as well as to his other Princeton University Press book, "A Theory of the Consumption Function" (1957).
Presents historical data and analytics to support the claim that monetary policy - steady control of the money supply - matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations.
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Autorenporträt
Milton Friedman (1912-2006) was awarded the Nobel Prize in Economics in 1976. He was a Senior Research Fellow at the Hoover Institution and had previously taught at the University of Chicago, from 1946 to 1976. He was also a member of the research staff of the National Bureau of Economic Research from 1937 to 1981. Anna Jacobson Schwartz (1915–2012) was a research associate at the National Bureau of Economic Research, which she joined in 1941. She is a Distinguished Fellow of the American Economic Association and a Fellow of the American Academy of Arts and Sciences. During her distinguished career, she has made major contributions to the economics of business cycles, banking, monetary policy, and financial regulation.