Theory and Measurement by J Daniel Hammond
Focusing on the period of Milton Friedman's collaboration with Anna J. Schwartz, from 1948 to 1991, this 1996 work examines the history of debates between Friedman and his critics over money's causal role in business cycles. Professor Hammond shows that critics' reactions were grounded in two distinctive features of Friedman and Schwartz's way of doing economic analysis - their National Bureau business cycle methods and Friedman's Marshallian methodology. With the post-war dominance of Cowles Commission methods and Walrasian methodology, Friedman and Schwartz's monetary economics appeared to contemporary critics to be 'measurement without theory'. Drawing extensively upon unpublished materials, Professor Hammond's treatment offers new insights on Milton Friedman's attempts to settle debates with his critics and his eventual recognition of the methodological impediments. The book will interest monetary economists and macroeconomists, as well as historians of economics and methodologists.-
Pricing the Priceless
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More Heat than Light
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From New Era to New Deal
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Institutions in Economics
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Tools of Trust
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Radical Expectations
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Paul Samuelson on the History of Economic Analysis
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Monetary Theory and Bretton Woods
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Equilibrium Business Cycle Theory in Historical Perspective
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Progress through Regression
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Friedrich Engels and Marxian Political Economy
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William Stanley Jevons and the Making of Modern Economics
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Relocating Development Economics
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Natural Images in Economic Thought
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International Organizations and the Analysis of Economic Policy, 19191950
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Building Chicago Economics
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The Intellectual Foundations of Alfred Marshall's Economic Science
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Designs within Disorder
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Adam Smith's Moral Philosophy
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Harry Johnson
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Fabricating the Keynesian Revolution
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The Institutionalist Movement in American Economics, 19181947
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Ricardo's Macroeconomics
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The Stockholm School of Economics Revisited
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The Economics of Karl Marx
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The Evolving Rationality of Rational Expectations
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Economic Theories in a Non-Walrasian Tradition
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International Monetary Economics, 1870-1960
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The Legacy of Scholasticism in Economic Thought
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Origins of Law and Economics
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Transforming Modern Macroeconomics
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Schumpeter and the Idea of Social Science
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Pinochet's Economists
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Monetary Theory and Policy from Hume and Smith to Wicksell
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English Historical Economics, 1870-1926
' I consider the overall scientific quality of the book excellentAny scholar of the history of the twentieth-century macroeconomics will find it stimulating.' History of Economic Ideas
| SKU | Unavailable |
| ISBN 13 | 9780521552059 |
| ISBN 10 | 0521552052 |
| Title | Theory and Measurement |
| Author | J Daniel Hammond |
| Series | Historical Perspectives On Modern Economics |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Cambridge University Press |
| Year published | 1996-03-29 |
| Number of pages | 250 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |