This elaboration of the writings and statements of Milton Friedman is intended to create an economic system that moves the subject along theory-, fact-, and policy-oriented lines. Items directly attributable to Friedman are used in combination with an awareness of the unique breadth of his experience connected to statistical matters, and his work with Wesley C. Mitchell and others. In addition, some of the author's experiences dating back to the 1950s are used to reconstruct theory and bring in some topics Friedman did not consider.
This elaboration of the writings and statements of Milton Friedman is intended to create an economic system that moves the subject along theory-, fact-, and policy-oriented lines. Items directly attributable to Friedman are used in combination with an awareness of the unique breadth of his experience connected to statistical matters, and his work with Wesley C. Mitchell and others. In addition, some of the author's experiences dating back to the 1950s are used to reconstruct theory and bring in some topics Friedman did not consider.
Preface Introduction An Overview The Big Picture: Economics as a Systematic Way of Thinking Beyond Neoclassical Economics The Famous Controversial Essay Institutional Economics, Friedman, and Selected Critics Analysis, Axioms, and the Liquidity Preference Constructions Indirect Evidence, Bond Traders, and Expected Returns Analyses of Data The Philosophical Ideological Left Tenets of Monetarism, Institutionalists, and the New Classical School Tenets of Monetarism: A Friedman-System Variation Endogenous/Exogenous Money Supply Theory The New Classical School and Rational Expectations From the Bond Market to Development Economics The Bond Market Constraint on Health Care Reform Development Economics and Money Behavior and Economics An Analytical System with Emphasis on Behavior Bibliography Index
Preface Introduction An Overview The Big Picture: Economics as a Systematic Way of Thinking Beyond Neoclassical Economics The Famous Controversial Essay Institutional Economics, Friedman, and Selected Critics Analysis, Axioms, and the Liquidity Preference Constructions Indirect Evidence, Bond Traders, and Expected Returns Analyses of Data The Philosophical Ideological Left Tenets of Monetarism, Institutionalists, and the New Classical School Tenets of Monetarism: A Friedman-System Variation Endogenous/Exogenous Money Supply Theory The New Classical School and Rational Expectations From the Bond Market to Development Economics The Bond Market Constraint on Health Care Reform Development Economics and Money Behavior and Economics An Analytical System with Emphasis on Behavior Bibliography Index
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