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Money mischief : episodes in monetary history

Verfasser/in: Milton Friedman
Verlag: New York : Harcourt Brace Jovanovich, ©1992.
Ausgabe/Format   Print book : Englisch : 1st edAlle Ausgaben und Formate anzeigen
Datenbank:WorldCat
Zusammenfassung:
Nobel Prize-winner Milton Friedman makes clear once and for all that no one is immune from monetary economics--that is, from the effects of its theory and its practices. He demonstrates through historical events the mischief that can result from misunderstanding the monetary system--how, for example, the work of two obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan and how  Weiterlesen…
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Gattung/Form: History
Physisches Format Online version:
Friedman, Milton, 1912-2006.
Money mischief.
New York : Harcourt Brace Jovanovich, c1992
(OCoLC)654723504
Dokumenttyp: Buch
Alle Autoren: Milton Friedman
ISBN: 0151620423 9780151620425
OCLC-Nummer: 23976736
Beschreibung: xiv, 274 p. : ill. ; 22 cm.
Inhalt: Preface --
ch. 1. The island of stone money --
ch. 2. The mystery of money --
ch. 3. The crime of 1873 --
ch. 4. A counterfactual exercise : estimating the effect of continuing bimetallism after 1873 --
ch. 5. William Jennings Bryan and the cyanide process --
ch. 6. Bimetallism revisited --
ch. 7. FDR, silver, and China --
ch. 8. The cause and cure of inflation --
ch. 9. Chile and Israel : identical policies, opposite outcomes --
ch. 10. Monetary policy in a Fiat world --
ch. 11. An epilogue --
References.
Verfasserangabe: Milton Friedman.
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Abstract:

Nobel Prize-winner Milton Friedman makes clear once and for all that no one is immune from monetary economics--that is, from the effects of its theory and its practices. He demonstrates through historical events the mischief that can result from misunderstanding the monetary system--how, for example, the work of two obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan and how Franklin D. Roosevelt's decision to appease a few senators from the American West helped communism triumph in China. In Money Mischief Dr. Friedman discusses the creation of value: from stones to feathers to gold. He outlines the central role of monetary theory and shows how it can act to ignite or deepen inflation, as one instance. He explains, in layman's English, what the present monetary system in the United States--a system without historical precedent--means for your paycheck and savings book as well as for the global economy.

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