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The Great Contraction, - Paperback, by Friedman Milton; Schwartz - Acceptable

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Book Title
The Great Contraction, 1929-1933: New Edition (Princeton Classic
ISBN
9780691137940
Kategorie

Über dieses Produkt

Product Identifiers

Publisher
Princeton University Press
ISBN-10
0691137943
ISBN-13
9780691137940
eBay Product ID (ePID)
67012577

Product Key Features

Number of Pages
320 Pages
Publication Name
Great Contraction, 1929-1933 : New Edition
Language
English
Publication Year
2008
Subject
Economic History, Money & Monetary Policy
Type
Textbook
Author
Anna Jacobson Schwartz, Milton Friedman
Subject Area
Business & Economics
Format
Trade Paperback

Dimensions

Item Height
0.8 in
Item Weight
12 Oz
Item Length
8.5 in
Item Width
5.4 in

Additional Product Features

Intended Audience
College Audience
LCCN
2008-007509
Preface by
Schwartz, Anna Jacobson
Dewey Edition
22
TitleLeading
The
Illustrated
Yes
Dewey Decimal
332.4973
Edition Description
New Edition,Revised edition
Table Of Content
New Preface by Anna Jacobson Schwartz ix Introduction: The Great Contraction, Seen from the Perspective of 2007 by Peter L. Bernstein xiii The Great Contraction, 1929-1933 by Milton Friedman and Anna Jacobson Schwartz 1 Remarks by Ben S. Bernanke 227 Author Index 251 Subject Index 253
Synopsis
Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. The chapter entitled "The Great Contraction, 1929-33" addressed the central economic event of the century, the Great Depression. Published as a stand-alone paperback in 1965, The Great Contraction, 1929-1933 argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy--a concept that has come to inform the actions of central banks worldwide.This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein. It also reprints comments from the current Federal Reserve chairman, Ben Bernanke, originally made on the occasion of Milton Friedman's 90th birthday, on the enduring influence of Friedman and Schwartz's work and vision., Addresses the central economic event of the century, the Great Depression. This book argues that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics., "The leading and most persuasive explanation of the worst economic disaster in American history, the onset of the Great Depression."--Ben S. Bernanke, Nobel Prize-winning economist and former chair of the U.S. Federal Reserve Nobel Prize-winning economist Milton Friedman and his celebrated colleague Anna Jacobson Schwartz's landmark reinterpretation of the Great Depression Milton Friedman and Anna Jacobson Schwartz's A Monetary History of the United States, 1867-1960 is one of the most influential economics books of the twentieth century. A landmark achievement, it marshaled massive historical data and sharp analytics to argue that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. Perhaps no other chapter of this monumental book had a greater impact than "The Great Contraction, 1929-33," which offered a fundamental reinterpretation of the central economic event of the twentieth century--the Great Depression. The Great Contraction, 1929-1933 presents that chapter, which runs to more than 200 pages, as a stand-alone book, in an edition that also features a new preface by Anna Jacobson Schwartz and a new introduction by the economist Peter Bernstein, both of which place the work and its lasting impact in context. In addition, the book includes a speech by Nobel Prize-winning economist and former chair of the Federal Reserve Ben Bernanke, in which he reflects on the continuing importance of Friedman and Schwartz's work., Friedman and Schwartz's A Monetary History of the United States, 1867-1960 , published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. The chapter entitled "The Great Contraction, 1929-33" addressed the central economic event of the century, the Great Depression. Published as a stand-alone paperback in 1965, The Great Contraction, 1929-1933 argued that the Federal Reserve could have stemmed the severity of the Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy--a concept that has come to inform the actions of central banks worldwide. This edition of the original text includes a new preface by Anna Jacobson Schwartz, as well as a new introduction by the economist Peter Bernstein. It also reprints comments from the current Federal Reserve chairman, Ben Bernanke, originally made on the occasion of Milton Friedman's 90th birthday, on the enduring influence of Friedman and Schwartz's work and vision.
LC Classification Number
HG538.F858 2009

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