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An analysis of Milton Friedman's : =...

Collins, John.

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An analysis of Milton Friedman's : = the role of monetary policy /

紀錄類型:	書目-語言資料,印刷品 : Monograph/item
正題名/作者:	An analysis of Milton Friedman's :/ John Collins with Nick Broten.
其他題名:	the role of monetary policy /
其他題名:	Milton Friedman's :
作者:	Collins, John.
其他作者:	Broten, Nick.
出版者:	London :Routledge, : c2017.,
面頁冊數:	93 p. ;20 cm.
附註:	"A Macat Analysis"--Cover.
標題:	Consumers' preferences. -
ISBN:	9781912127368

An analysis of Milton Friedman's : = the role of monetary policy /
Collins, John.

An analysis of Milton Friedman's :the role of monetary policy /Milton Friedman's :the role of monetary policyJohn Collins with Nick Broten. - London :Routledge,c2017. - 93 p. ;20 cm. - Macat Library.. - Macat Library..

"A Macat Analysis"--Cover.

Includes bibliographical references.

Milton Friedman was one of the most influential economists of all time--and his ideas had a huge impact on the economic policies of governments across the world. A key theorist of capitalism and its relationship to democratic freedoms, Friedman remains one of the most cited authorities in both academic economics and government economic policy. His work remains striking not just for its brilliant grasp of economic laws and realities, but also for its consistent application of high-level evaluation and reasoning skills to produce arguments that can convince experts and laypeople alike. Friedman';s 1968 essay 'The Role of Monetary Policy'; is a key example of how Friedman';s critical thinking skills helped to cement his influence and reputation. The paper addressed the question of how a government';s monetary policy affects the economy--from employment levels to inflation and so on. At its heart lies an evaluation and critique of the most widely accepted conception of monetary policy at the time--the 'Phillips Curve';--which argued that increased inflation leads naturally to increased employment. Systematically noting the flaws and weaknesses of the Phillips Curve theory, Friedman showed why this is not, in fact, the case. He then drew up a systematic alternative argument for what governmental monetary policy could and should aim to do. Though economists now consider Friedman';s ideas to have considerable limitations, 'The Role of Monetary Policy'; remains a masterclass in evaluating and countering faulty arguments."--Provided by publisher.

ISBN: 9781912127368UK6.50 Subjects--Personal Names:

3641735
Friedman, Milton,
1912-2006Role of monetary policy.Subjects--Topical Terms:

648978
Consumers' preferences.

LC Class. No.: HB119.F84 / .C655 2017

Dewey Class. No.: 330.092

An analysis of Milton Friedman's : = the role of monetary policy /
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520 8 $a Milton Friedman was one of the most influential economists of all time--and his ideas had a huge impact on the economic policies of governments across the world. A key theorist of capitalism and its relationship to democratic freedoms, Friedman remains one of the most cited authorities in both academic economics and government economic policy. His work remains striking not just for its brilliant grasp of economic laws and realities, but also for its consistent application of high-level evaluation and reasoning skills to produce arguments that can convince experts and laypeople alike. Friedman';s 1968 essay 'The Role of Monetary Policy'; is a key example of how Friedman';s critical thinking skills helped to cement his influence and reputation. The paper addressed the question of how a government';s monetary policy affects the economy--from employment levels to inflation and so on. At its heart lies an evaluation and critique of the most widely accepted conception of monetary policy at the time--the 'Phillips Curve';--which argued that increased inflation leads naturally to increased employment. Systematically noting the flaws and weaknesses of the Phillips Curve theory, Friedman showed why this is not, in fact, the case. He then drew up a systematic alternative argument for what governmental monetary policy could and should aim to do. Though economists now consider Friedman';s ideas to have considerable limitations, 'The Role of Monetary Policy'; remains a masterclass in evaluating and countering faulty arguments."--Provided by publisher.
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