|提及的人：||Milton Friedman; Paul R Krugman|
Edward Nelson; Anna J Schwartz; National Bureau of Economic Research.
|描述：||1 online resource (1 v.)|
|丛书名：||Working paper series (National Bureau of Economic Research), no. 13546.|
|责任：||Edward Nelson, Anna J. Schwartz.|
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.