A monetary history of the united states audiobook

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a monetary history of the united states audiobook

A Monetary History of the United States 1867-1960 by Milton Friedman

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 in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small . . . monumental, above all, in the theoretical and statistical effort and ingenuity that have been brought to bear on the solution of complex and subtle economic issues.


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 management of the nations economy, especially in navigating serious economic fluctuations. In their influential chapter 7, The Great Contraction--which Princeton published in 1965 as a separate paperback--they address the central economic event of the century, the Depression. 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 1976 for work related to A Monetary History as well as to his other Princeton University Press book, A Theory of the Consumption Function (1957).
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A Short History of the United States audiobook - part 1

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Milton Friedman

A Monetary History of the United States 1867-1960

Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. If you continue browsing the site, you agree to the use of cookies on this website. See our User Agreement and Privacy Policy. See our Privacy Policy and User Agreement for details. Published on Mar 13, 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 in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small

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 in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small. 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 management of the nation's economy, especially in navigating serious economic fluctuations. In their influential chapter 7, The Great Contraction --which Princeton published in as a separate paperback--they address the central economic event of the century, the Depression. According to Hugh Rockoff, writing in January "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. THIS book had its origin in a conversation one of us had more than a decade ago with the late Walter W. Stewart stressed the desirability of including an analytical narrative of post-Civil War monetary developments in the United States as a background for the statistical work, arguing that such a narrative was not currently available and would add a much needed dimension to the numerical evidence. His suggestion led us to include a chapter on the historical background of the money stock in our planned monograph.

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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 in its sheer bulk, monumental in the definitiveness of its treatment of innumerable issues, large and small. In their influential chapter 7, The Great Contraction --which Princeton published in as a separate paperback--they address the central economic event of the century, the Depression. According to Hugh Rockoff, writing in January "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. Many of our ebooks are available through library electronic resources including these platforms:. Add to Cart.

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    Editorial Reviews. Review. A monumental scholarly accomplishment [sets] a new standard .. Audiobook Publishing Made Easy · Alexa Actionable Analytics.

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