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The Great Contraction, 1929-1933
Af: Anna Jacobson Schwartz, Milton Friedman Engelsk Paperback
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kr 62
The Great Contraction, 1929-1933
Af: Anna Jacobson Schwartz, Milton Friedman Engelsk Paperback

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. Published as a stand-alone paperback in 1965, The Great Contraction, 1929-1933 argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy--a concept that has come to inform the actions of central banks worldwide.


This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein. It also reprints comments from the current Federal Reserve chairman, Ben Bernanke, originally made on the occasion of Milton Friedman''s 90th birthday, on the enduring influence of Friedman and Schwartz''s work and vision.

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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. Published as a stand-alone paperback in 1965, The Great Contraction, 1929-1933 argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy--a concept that has come to inform the actions of central banks worldwide.


This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein. It also reprints comments from the current Federal Reserve chairman, Ben Bernanke, originally made on the occasion of Milton Friedman''s 90th birthday, on the enduring influence of Friedman and Schwartz''s work and vision.

Produktdetaljer
Sprog: Engelsk
Sider: 320
ISBN-13: 9780691137940
Indbinding: Paperback
Udgave:
ISBN-10: 0691137943
Udg. Dato: 31 aug 2008
Længde: 17mm
Bredde: 214mm
Højde: 140mm
Oplagsdato: 31 aug 2008
Forfatter(e) Anna Jacobson Schwartz, Milton Friedman


Kategori Økonomiske- & finansielle kriser samt katastrofer


Sprog Engelsk


Indbinding Paperback


Sider 320


Udgave


Længde 17mm


Bredde 214mm


Højde 140mm


Udg. Dato 31 aug 2008


Oplagsdato 31 aug 2008

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