Milton Friedmans revival of the quantity theory of money

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Publisher : GRIN Verlag
ISBN 13 : 3638880907
Total Pages : 16 pages
Book Rating : 4.6/5 (388 download)

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Book Synopsis Milton Friedmans revival of the quantity theory of money by : Georgi Georgiev

Download or read book Milton Friedmans revival of the quantity theory of money written by Georgi Georgiev and published by GRIN Verlag. This book was released on 2007-12-21 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2006 in the subject Economics - Monetary theory and policy, grade: 1,3, Charles University in Prague, language: English, abstract: Milton Friedman is, without a doubt, one of the most influential economists of all times. Born on 31 July 1912, in New York, he graduated at the University of Chicago and later he served there as Professor of Economics. His research in the field of economics brought him a number of awards,including the Nobel Prize in Economics in 1976,"'for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policyMilton Friedman died on 16 November 2006. January 29th 2007, was declared as Milton Friedman day, honoring his achievements and his influence over the modern economic policy. Milton Friedman's scholarly contributions are numerous, but the most important are: the critique of the Phillips curve and the introduction of the natural rate of unemployment; the permanent income hypothesis; the stable link between inflation and money supply; the monetarist school of economic thought, and many more, including the revival of the quantity theory of money, the main topic of this paper.

The Optimum Quantity of Money

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Publisher : Chicago : Aldine Publishing Company
ISBN 13 :
Total Pages : 314 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis The Optimum Quantity of Money by : Milton Friedman

Download or read book The Optimum Quantity of Money written by Milton Friedman and published by Chicago : Aldine Publishing Company. This book was released on 1969 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: Merendeels eerder verschenen essays

Studies in the quantity theory of money

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (916 download)

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Book Synopsis Studies in the quantity theory of money by :

Download or read book Studies in the quantity theory of money written by and published by . This book was released on 1973 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Optimum Quantity of Money

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Publisher : Routledge
ISBN 13 : 1351478087
Total Pages : 492 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis The Optimum Quantity of Money by : Nicholas Eberstadt

Download or read book The Optimum Quantity of Money written by Nicholas Eberstadt and published by Routledge. This book was released on 2017-10-23 with total page 492 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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, provides a general summary of his views on the role of monetary policy, with an emphasis on its limitations and its possibilities. This theoretical framework is used in examining a number of empirical problems: the demand for money, the explanation of price changes in wartime periods, and the role of money in business cycles. These essays summarize some of the most important results of Friedman's extensive research over the course of his lifetime. The chapters on policy that follow survey the positions of earlier economists and deal with the importance of lags and the implications of destabilizing speculation in foreign markets. Taken as a whole, The Optimum Quantity of Money provides a comprehensive view of the body of monetary theory developed in leading centers of monetary analysis. This work is essential reading for economists and graduate students in the field. The volume will be no less important for practicing business and banking personnel as well. The new statement by Michael Bordo, a student of Friedman's and an expert in the field, provides a sense of where the field now stands in the economy and academy.

The Optimum Quantity Of Money

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Publisher : Transaction Publishers
ISBN 13 : 1412838096
Total Pages : 310 pages
Book Rating : 4.4/5 (128 download)

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Book Synopsis The Optimum Quantity Of Money by : Milton Friedman

Download or read book The Optimum Quantity Of Money written by Milton Friedman and published by Transaction Publishers. This book was released on 2005-01-01 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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, provides a general summary of his views on the role of monetary policy, with an emphasis on its limitations and its possibilities. This theoretical framework is used in examining a number of empirical problems: the demand for money, the explanation of price changes in wartime periods, and the role of money in business cycles. These essays summarize some of the most important results of Friedman's extensive research over the course of his lifetime. The chapters on policy that follow survey the positions of earlier economists and deal with the importance of lags and the implications of destabilizing speculation in foreign markets. Taken as a whole, The Optimum Quantity of Money provides a comprehensive view of the body of monetary theory developed in leading centers of monetary analysis. This work is essential reading for economists and graduate students in the field. The volume will be no less important for practicing business and banking personnel as well. The new statement by Michael Bordo, a student of Friedman's and an expert in the field, provides a sense of where the field now stands in the economy and academy. Milton Friedman is a senior fellow at the Hoover Institution of Stanford University. Before that, he was Distinguished Service Professor of Economics at the University of Chicago. He has also taught at Columbia University, the University of Wisconsin, the University of Minnesota, and Cambridge University. Among his many books are Essays in Positive Economics, A Program for Monetary Stability, Capitalism and Freedom, and A Monetary History of the United States. Michael D. Bordo is professor of economics at Rutgers, The State University of New Jersey, and author, with Lars Jonung, of, among other works, Demand for Money.

The Quantity Theory of Money

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 168 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Quantity Theory of Money by : Mark Blaug

Download or read book The Quantity Theory of Money written by Mark Blaug and published by Edward Elgar Publishing. This book was released on 1995 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays discuss the quantity theory of money, its development and its continuing relevance for contemporay economics

Studies in the Quantity Theory of Money

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Publisher :
ISBN 13 :
Total Pages : 265 pages
Book Rating : 4.:/5 (124 download)

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Book Synopsis Studies in the Quantity Theory of Money by : Milton Friedman

Download or read book Studies in the Quantity Theory of Money written by Milton Friedman and published by . This book was released on 1977 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Studies in the Quantity Theory of Money. With Essays by Milton, Friedman [and Others

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Publisher :
ISBN 13 :
Total Pages : 265 pages
Book Rating : 4.:/5 (18 download)

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Book Synopsis Studies in the Quantity Theory of Money. With Essays by Milton, Friedman [and Others by : Milton Friedman

Download or read book Studies in the Quantity Theory of Money. With Essays by Milton, Friedman [and Others written by Milton Friedman and published by . This book was released on with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Studies in the Quantity Theory of Mone

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Publisher :
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.3/5 (512 download)

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Book Synopsis Studies in the Quantity Theory of Mone by : Milton Friedman

Download or read book Studies in the Quantity Theory of Mone written by Milton Friedman and published by . This book was released on 1956 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Milton Friedman's Monetary Framework

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Publisher :
ISBN 13 : 9780226264080
Total Pages : 192 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis Milton Friedman's Monetary Framework by : Robert James Gordon

Download or read book Milton Friedman's Monetary Framework written by Robert James Gordon and published by . This book was released on 1974 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to widespread interest in a formal complete statement analyzing aspects of the money-income relationship and clarification of his quantity theory, Milton Friedman in 1970 published "A Theoretical Framework for Monetary Analysis," and a year later "A Monetary Theory of Nominal Income," both in the Journal of Political Economy. A combined version of these essays, first published by the National Bureau of Economic Research, begins this volume. Because his statement was important and controversial both as a commentary on the history of economic thought and as a theoretical contribution in its own right, the Journal of Political Economy in 1972 presented critical reviews from noted monetary theorists, including Karl Brunner and Allan H. Meltzer, James Tobin, Paul Davidson, and Don Patinkin. Their studies, which are printed in the present volume, focus on substantive issues, covering a variety of topics. All of their major points are discussed in Friedman's reply, which clarifies and expands upon his original themes and introduces interesting new material. Thus the synthesis of his two articles, the critical comments, and his response, together with an introduction by Robert J. Gordon, are combined in one volume for the convenience of scholars and students.

Optimum Quantity of Money

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Publisher : Aldine
ISBN 13 : 9780202307657
Total Pages : 308 pages
Book Rating : 4.3/5 (76 download)

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Book Synopsis Optimum Quantity of Money by : Milton Friedman

Download or read book Optimum Quantity of Money written by Milton Friedman and published by Aldine. This book was released on 2005-05 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Controversy Over the Quantity Theory of Money

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Publisher :
ISBN 13 :
Total Pages : 154 pages
Book Rating : 4.:/5 (44 download)

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Book Synopsis The Controversy Over the Quantity Theory of Money by : Edwin Dean

Download or read book The Controversy Over the Quantity Theory of Money written by Edwin Dean and published by . This book was released on 1965 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Quantity Theory of Money

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Publisher :
ISBN 13 :
Total Pages : 239 pages
Book Rating : 4.:/5 (641 download)

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Book Synopsis The Quantity Theory of Money by : Mark Blaug

Download or read book The Quantity Theory of Money written by Mark Blaug and published by . This book was released on 1995 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Studies in the Quantity Theory of Money. Edited by M. Friedman. With Essays by M. Friedman [and Others], Etc

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Publisher :
ISBN 13 :
Total Pages : 265 pages
Book Rating : 4.:/5 (56 download)

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Book Synopsis Studies in the Quantity Theory of Money. Edited by M. Friedman. With Essays by M. Friedman [and Others], Etc by : Milton Friedman

Download or read book Studies in the Quantity Theory of Money. Edited by M. Friedman. With Essays by M. Friedman [and Others], Etc written by Milton Friedman and published by . This book was released on 1956 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Samuelson Friedman: The Battle Over the Free Market

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Publisher : W. W. Norton & Company
ISBN 13 : 0393285197
Total Pages : 317 pages
Book Rating : 4.3/5 (932 download)

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Book Synopsis Samuelson Friedman: The Battle Over the Free Market by : Nicholas Wapshott

Download or read book Samuelson Friedman: The Battle Over the Free Market written by Nicholas Wapshott and published by W. W. Norton & Company. This book was released on 2021-08-03 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Financial Times Best Economics Book of 2021 From the author of Keynes Hayek, the next great duel in the history of economics. In 1966 two columnists joined Newsweek magazine. Their assignment: debate the world of business and economics. Paul Samuelson was a towering figure in Keynesian economics, which supported the management of the economy along lines prescribed by John Maynard Keynes’s General Theory. Milton Friedman, little known at that time outside of conservative academic circles, championed “monetarism” and insisted the Federal Reserve maintain tight control over the amount of money circulating in the economy. In Samuelson Friedman, author and journalist Nicholas Wapshott brings narrative verve and puckish charm to the story of these two giants of modern economics, their braided lives and colossal intellectual battles. Samuelson, a forbidding technical genius, grew up a child of relative privilege and went on to revolutionize macroeconomics. He wrote the best-selling economics textbook of all time, famously remarking "I don’t care who writes a nation’s laws—or crafts its advanced treatises—if I can write its economics textbooks." His friend and adversary for decades, Milton Friedman, studied the Great Depression and with Anna Schwartz wrote the seminal books The Great Contraction and A Monetary History of the United States. Like Friedrich Hayek before him, Friedman found fortune writing a treatise, Capitalism and Freedom, that yoked free markets and libertarian politics in a potent argument that remains a lodestar for economic conservatives today. In Wapshott’s nimble hands, Samuelson and Friedman’s decades-long argument over how—or whether—to manage the economy becomes a window onto one of the longest periods of economic turmoil in the United States. As the soaring economy of the 1950s gave way to decades stalked by declining prosperity and "stagflation," it was a time when the theory and practice of economics became the preoccupation of politicians and the focus of national debate. It is an argument that continues today.

A Theoretical Framework for Monetary Analysis

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Publisher : Columbia University Press
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis A Theoretical Framework for Monetary Analysis by : Milton Friedman

Download or read book A Theoretical Framework for Monetary Analysis written by Milton Friedman and published by Columbia University Press. This book was released on 1971 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Monetarist Economics

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Publisher : Wiley-Blackwell
ISBN 13 : 9780631171119
Total Pages : 188 pages
Book Rating : 4.1/5 (711 download)

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Book Synopsis Monetarist Economics by : Milton Friedman

Download or read book Monetarist Economics written by Milton Friedman and published by Wiley-Blackwell. This book was released on 1991-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: