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The impact of Milton Friedman on modern monetary economics : setting the record straight on Paul Krugman's "Who was Milton Friedman?"

Autor: Edward Nelson; Anna J Schwartz; National Bureau of Economic Research.
Editora: Cambridge, Mass. : National Bureau of Economic Research, 2007.
Séries: Working paper series (National Bureau of Economic Research), no. 13546.
Edição/Formato   e-book : Documento : InglêsVer todas as edições e formatos
Base de Dados:WorldCat
Resumo:
Paul Krugman's essay "Who Was Milton Friedman?" seriously mischaracterizes Friedman's economics and his legacy. In this paper we provide a rejoinder to Krugman on these issues. In the course of setting the record straight, we provide a self-contained guide to Milton Friedman's impact on modern monetary economics and on today's central banks. We also refute the conclusions that Krugman draws about monetary policy  Ler mais...
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Detalhes

Pessoa Denominada: Milton Friedman; Paul R Krugman
Tipo de Material: Documento, Recurso Internet
Tipo de Documento: Recurso Internet, Arquivo de Computador
Todos os Autores / Contribuintes: Edward Nelson; Anna J Schwartz; National Bureau of Economic Research.
Número OCLC: 179494496
Descrição: 1 online resource (1 v.)
Título da Série: Working paper series (National Bureau of Economic Research), no. 13546.
Responsabilidade: Edward Nelson, Anna J. Schwartz.

Resumo:

Paul Krugman's essay "Who Was Milton Friedman?" seriously mischaracterizes Friedman's economics and his legacy. In this paper we provide a rejoinder to Krugman on these issues. In the course of setting the record straight, we provide a self-contained guide to Milton Friedman's impact on modern monetary economics and on today's central banks. We also refute the conclusions that Krugman draws about monetary policy from the experiences of the United States in the 1930s and of Japan in the 1990s.

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