"Monetarist Economics" presents the principal papers that Milton Friedman has written for the Institute, which has been the leading exponent of Classical Liberalism in post-war Britain. Freidman's papers provide evidence of the intellectual origins of the changes that have taken place in the political agenda over the past 20 years and the new areas that have been opened up in political economy. The shift in government and public policy in Great Britain in the 1980s has been inspired intellectually by Professor Friedman's writing. "Monetarist Economics" presents evidence to explain why. Professor Friedman has made a significant contribution not only to monetary theory and monetary history (notably in his "A Monetary History of the United States, 1867-1960", with Anna Schwartz) but also in the way public policy has been conducted in the United Kingdom and many other Western industrialized countries in recent years as the nostrums of the Keynesian consensus have been abandoned.
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Milton Friedman is a senior research fellow at the Hoover Institution, Stanford University, and the Paul Snowden Distinguished Service Professor Emeritus of Economics at the University of Chicago. In 1976 he was awarded the Nobel Prize in economics. He has written a number of books, including two with his wife, Rose D. Friedman---the bestselling Free to Choose and Two Lucky People: Memoirs, the latter published by the University of Chicago Press.
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5.0 out of 5 stars
Relevant, amazing insight from a Economic master,
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This review is from: Monetarist Economics (Iea Masters of Moders Economics) (Hardcover)
Friedman's work is one of the most important in the area of economics and this book is a great, concise look at some major economic issues. What's amazing about his writing is the clarity of thoughts and the impressive conclusions to major economic problems. I've only read a few of his works but this book has motivated me to read more from his amazing career and I'm looking forward to sharing his experiences. In summary, if you want to know what solutions are out there to solve our current political and economic problems read Friedman's work.
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