Theory and Measurement: Causality Issues in Milton Friedman's Monetary Economics

by J. Daniel Hammond

Book Overview

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...

• Format: Paperback
• Language: English
• ISBN: 0521022649
• ISBN13: 9780521022644
• Release Date: November 2005
• Publisher: Cambridge University Press
• Length: 252 Pages
• Weight: 0.82 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"