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A classic work by Milton Friedman and Anna Jacobson Schwartz that traces the role of monetary policy in shaping the US economy. The book covers the period from the Civil War to the Great Depression and challenges the Keynesian view of the causes and consequences of economic fluctuations.
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 r...
A Monetary History of the United States, 1867–1960 is a book written in 1963 by Nobel Prize–winning economist Milton Friedman and Anna J. Schwartz. It uses historical time series and economic analysis to argue the then-novel proposition that changes in the money supply profoundly influenced the U.S. economy, especially the ...
- Milton Friedman, Anna Schwartz
- 1963
1 de nov. de 1971 · The authors concisely analyze nearly 100 years of monetary history and prove why monetary economics matter. Their work, originally published in 1963, offers immaculate insight into endogenous and exogenous economic variables that shaped US history.
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- 1963
- Milton Friedman, Anna Schwartz
26 de fev. de 2021 · Historical developments of the last century are explained in terms of monetary theory. Includes bibliographical references includes indexes. The Greenback Period -- Silver politics and the secular decline in prices, 1879-97 -- Gold inflation and banking reform, 1897-1914 -- Early years of the Federal Reserve System, 1914-21 -- The ...
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.
This book by Milton Friedman and Anna J. Schwartz examines the role of monetary factors in the business cycles and economic history of the US from 1867 to 1960. It is published by Princeton University Press and available for purchase or reprint permission.
