A Monetary History of the United States, 1867-1960

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9780691003542: A Monetary History of the United States, 1867-1960

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 nation's 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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Review:

"A monumental scholarly accomplishment. . . . [sets] a new standard for the writing of monetary history."--The Economic Journal

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Milton Friedman
ISBN 10: 0691003548 ISBN 13: 9780691003542
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Milton Friedman, Anna Jacobson Schwartz
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Descrizione libro Princeton University Press 1992-07-01, Princeton, [N.J.], 1992. paperback. Condizione libro: New. Codice libro della libreria 9780691003542

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Descrizione libro 1971. PAP. Condizione libro: New. New Book.Shipped from US within 10 to 14 business days. Established seller since 2000. Codice libro della libreria IB-9780691003542

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Descrizione libro Princeton University Press, 1992. PAP. Condizione libro: New. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Codice libro della libreria WP-9780691003542

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Descrizione libro Princeton University Press, 1971. Paperback. Condizione libro: New. book. Codice libro della libreria 0691003548

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Milton Friedman, Anna Jacobson Schwartz
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Descrizione libro Princeton University Press, United States, 1971. Paperback. Condizione libro: New. Revised ed.. Language: English . Brand New Book. 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 nation s 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). Codice libro della libreria AAZ9780691003542

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Milton Friedman, Anna Jacobson Schwartz
Editore: Princeton University Press, United States (1971)
ISBN 10: 0691003548 ISBN 13: 9780691003542
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Descrizione libro Princeton University Press, United States, 1971. Paperback. Condizione libro: New. Revised ed.. Language: English . Brand New Book. 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 nation s 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). Codice libro della libreria AAZ9780691003542

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Milton Friedman; Anna Jacobson Schwartz
ISBN 10: 0691003548 ISBN 13: 9780691003542
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Descrizione libro Condizione libro: New. Depending on your location, this item may ship from the US or UK. Codice libro della libreria 97806910035420000000

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Friedman, Milton; Schwartz, Anna Jacobson
Editore: Princeton University Press (1971)
ISBN 10: 0691003548 ISBN 13: 9780691003542
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Descrizione libro Princeton University Press, 1971. Condizione libro: New. 1971. 10.2.1971. Paperback. 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. Series: National Bureau of Economic Research Publications. Num Pages: 888 pages, 61ch.3fldg.M. BIC Classification: 1KBB; 3JH; 3JJ; KCZ. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 159 x 230 x 41. Weight in Grams: 1206. . . . . . . Codice libro della libreria V9780691003542

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Milton Friedman, Anna Jacobson Schwartz
Editore: Princeton University Press (1971)
ISBN 10: 0691003548 ISBN 13: 9780691003542
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Descrizione libro Princeton University Press, 1971. Paperback. Condizione libro: New. Codice libro della libreria DADAX0691003548

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