The Money Illusion: Market Monetarism, the Great Recession, and the Future of Monetary Policy

by Scott Sumner

Book Overview

The first book-length work on market monetarism, written by its leading scholar.

Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It's happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the...

• Format: Paperback
• Language: English
• ISBN: 0226826562
• ISBN13: 9780226826561
• Release Date: May 2023
• Publisher: University of Chicago Press
• Length: 392 Pages
• Weight: 1.32 lbs.
• Dimensions: 0.7" x 6.0" x 8.9"