1st Edition

The Optimum Quantity of Money

By Milton Friedman Copyright 2006
308 Pages
by Routledge

308 Pages
by Routledge

308 Pages
by Routledge

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.... Read more
1 The Optimum Quantity of Money 2 The Quantity Theory of Money: A Restatement 3 Post-War Trends in Monetary Theory and Policy 4 The Monetary Theory and Policy of Henry Simons 5 The Role of Monetary Policy 6 The Demand for Money: Some Theoretical and Empirical Results 7 Interest Rates and the Demand for Money 8 Price, Income, and Monetary Change in Three Wartime Periods 9 The Supply of Money and Changes in Prices and Output 10 Money and Business Cycles 11 The Lag in Effect of Monetary Policy 12 The Monetary Studies of the National Bureau 13 In Defense of Destabilizing Speculation

Biography

Friedman, Milton