The Nobel Prize winner writes here on current issues of prevailing concern to every American citizen and taxpayer, displaying the powers of analysis and expression that have made him one of the most widely respected economists in America. Edited and with an Introduction by William R. Allen.
The Nobel Prize winner writes here on current issues of prevailing concern to every American citizen and taxpayer, displaying the powers of analysis a...
The international bestseller on the extent to which personal freedom has been eroded by government regulations and agencies while personal prosperity has been undermined by government spending and economic controls. New Foreword by the Authors; Index.
The international bestseller on the extent to which personal freedom has been eroded by government regulations and agencies while personal prosperity ...
A Nobel Prize Laureate in Economics makes clear once and for all that no one is immune to the effects of monetary economics--both its theory and practices. He demonstrates through historical episodes the mischief that can result from misunderstanding the monetary system.
A Nobel Prize Laureate in Economics makes clear once and for all that no one is immune to the effects of monetary economics--both its theory and pract...
Economics is sometimes divided into two parts: positive economics and normative economics. The former deals with how the economic problem is solved, while the latter deals with how the economic problem should be solved. The effects of price or rent control on the distribution of income are problems of positive economics. The desirability of these effects on income distribution is a problem of normative economics.
Within economics, the major division is between monetary theory and price theory. Monetary theory deals with the level of prices in general, with cyclical and other...
Economics is sometimes divided into two parts: positive economics and normative economics. The former deals with how the economic problem is solved...
At the January 1977 meeting of its monthly Economic Seminar series, the Federal Reserve Bank of San Francisco was honored to present Prof. Franco Modigliani, Immediate Past President of the American Economic Association. In his paper, Prof. Modigliani developed some of the themes which he had first covered last September in his AEA Presidential Address, ?gThe Monetarist Controversy"YOr, Should We Forsake Stabilization Policies??h The Bank was doubly fortunate to obtain, as seminar discussant, Nobel Laureate Milton Friedman, who was serving as Visiting Scholar at this institution during the...
At the January 1977 meeting of its monthly Economic Seminar series, the Federal Reserve Bank of San Francisco was honored to present Prof. Franco Modi...
This classic set of essays by Nobel Laureate and leading monetary theorist Milton Friedman presents a coherent view of the role of money, focusing on specific topics related to the empirical analysis of monetary phenomena and policy. The early chapters cover factors determining the real quantity of money held in a community and the welfare implications of policies that affect the quantity held. The following chapters formally restate why quantity analysis has become central to the science of economics. Friedman's presidential address to the American Economic Association, included here,...
This classic set of essays by Nobel Laureate and leading monetary theorist Milton Friedman presents a coherent view of the role of money, focusing ...
Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book 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. The chapter entitled "The Great Contraction, 1929-33" addressed the central economic event of the century, the Great Depression....
Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economi...
Milton Friedmans Klassiker Kapitalismus und Freiheit ist ein Meilenstein der liberalen Ökonomie, der auch vierzig Jahre nach seinem ersten Erscheinen Antworten auf all diese Fragen gibt. Im Mittelpunkt seiner Theorie steht die Freiheit des Einzelnen, die für Friedman vor allem wirtschaftliche Freiheit ist. Anhand vieler Beispiele zeigt der Wirtschafts-Nobelpreisträger anschaulich, warum ein wettbewerblich organisierter Markt von Gütern und Ideen nicht nur zu mehr wirtschaftlichem Wachstum, sondern auch zu mehrindividueller und politischer Freiheit führt. Mit einem neuen Vorwort des...
Milton Friedmans Klassiker Kapitalismus und Freiheit ist ein Meilenstein der liberalen Ökonomie, der auch vierzig Jahre nach seinem ersten Erscheinen...