Money Mischief: Episodes in Monetary History by Milton Friedman

Money Mischief: Episodes in Monetary History by Milton Friedman

A lively, enlightening introduction to monetary history.from monetarism's most articulate apostle. -- Kirkus ReviewsThe Oliver Stone of economics (Chicago Tribune), Nobel Prize laureate Milton Friedman makes clear once and for all that no one, from the local corner merchant to the Wall Street banker to the president of the United States, is immune from monetary economics. In Money Mischief, Friedman discusses the creation of value: from stones to feathers to gold. He outlines the central role of monetary theory and shows how it can act to ignite or deepen inflation. Through colorful historical episodes, he demonstrates the mischief that can result from a misunderstanding of monetary economics -- how, for example, the work of two obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan and how Franklin D. Roosevelt's decision to appease a few senators from the American West helped communism triumph in China. And he explains, in plain English, what the present monetary system in the United States means for your paycheck and your savings as well as for the global economy.

Friedman, Milton: - Milton Friedman (1912-2006) was an economist who taught at the University of Chicago for more than three decades. He was a recipient of the Nobel Memorial Prize in Economic Sciences, and is known for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. He was a principal founder of what has come to be known as the Chicago School of Economics. He was a well-known public champion of laissez-faire capitalism. In 1962 the University of Chicago Press published Capitalism and Freedom, one of the most influential books of the twentieth century. In 1998 the Press published Two Lucky People, the memoir by Milton and Rose Friedman of their joint lives and work. In reviewing the book in the New York Times Book Review, David Brooks wrote: This is a book that restores your faith in reasoned discourse.... There really are people who believe in scholarly exchange as a way to discover truth.

SKU	Unavailable
ISBN 13	9780151620425
ISBN 10	0151620423
Title	Money Mischief: Episodes in Monetary History
Author	Milton Friedman
Condition	Unavailable
Binding Type	Hardback
Publisher	Harcourt Brace International
Year published	1992-02-01
Number of pages	274
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.