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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.
- Milton Friedman, Anna Schwartz
- 1963
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 classic book by Milton Friedman and Anna Jacobson Schwartz that rewrote the story of the Great Depression and the role of monetary policy. It argued that the Federal Reserve failed to control the money supply and exacerbated the Depression, and influenced the monetarist school of thought.
Feb 26, 2021 · A book by Milton Friedman and Anna Schwartz that explains the historical developments of the US monetary system from 1867 to 1960. It covers topics such as the greenback period, the Federal Reserve System, the Great Depression, and the postwar inflation.
Nov 1, 1971 · A classic book by Milton Friedman and Anna Jacobson Schwartz that rewrote the story of the Great Depression and the role of monetary policy. Read reviews, see details, and buy the paperback edition from Amazon.com.
- (116)
- 1963
- Milton Friedman, Anna Schwartz
A classic book that argues that monetary policy matters for economic stability and growth. It covers the history of the US monetary system from the Civil War to the Great Depression, based on extensive data and analysis.
VOL. 103 NO. 3 FRIEDMAN AND SCHWARTZ'S A MONETARY HISTORY OF THE UNITED STATES 1867 TO I960 63 from 1965 to 1982 to about 2.5 percent per year from 1982 to 2008. The main reason for the change in policy was that the public was fright ened by inflation and demanded action to stop it. But some of the credit must go to the monetar ists and to AMH.