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A book by Milton Friedman and Anna Schwartz that argues the money supply influenced the U.S. economy and the Great Depression. It covers the period from 1867 to 1960 and analyzes the role of gold, silver, and Federal Reserve policy.
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, especially in navigating serious economic fluctuations.
1 de nov. de 1971 · A classic book by Milton Friedman and Anna Schwartz that rewrote the story of the Great Depression and the role of monetary policy. Read reviews, see details, and buy the paperback or Kindle edition from Amazon.com.
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...
The beginning of operations by the Fed in November 1914 marked a “major watershed” in U.S. monetary history. According to Friedman and Schwartz (p. 9), the change in internal monetary arrangements coincided with a loosening of the external link to the gold standard.
2 de sept. de 2008 · 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, especially in navigating serious economic fluctuations.
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