Nelson, Edward, 1971-
Impact of Milton Friedman on modern monetary economics.
Cambridge, Mass. : National Bureau of Economic Research, 2007
|提及的人：||Milton Friedman; Paul R Krugman; Milton Friedman; Paul R Krugman|
Edward Nelson; Anna J Schwartz; National Bureau of Economic Research.
|複製注釋：||Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2011. MiAaHDL|
|描述：||1 online resource (1 volume).|
|詳述：||Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.|
|叢書名：||Working paper series (National Bureau of Economic Research), no. 13546.|
|責任：||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.