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Money Mischief: Episodes in Monetary History
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Money Mischief: Episodes in Monetary History Paperback - 1994

by Milton Friedman

A Nobel Prize Laureate in Economics makes clear once and for all that no one is immune to the effects of monetary economics--both its theory and practices. He demonstrates through historical episodes the mischief that can result from misunderstanding the monetary system.


Summary

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. Index.

From the publisher

"A lively, enlightening introduction to monetary history...from monetarism's most articulate apostle."--Kirkus Reviews"The Oliver Stone of economics" (Chicago Tribune), Nobel Prize laureate Milton Friedman makes clear once and for all that no one, from the local corner merchant to the Wall Street banker to the president of the United States, is immune from monetary economics. In Money Mischief, 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. Through colorful historical episodes, he demonstrates the mischief that can result from a misunderstanding of monetary economics -- 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. And he explains, in plain English, what the present monetary system in the United States means for your paycheck and your savings as well as for the global economy.

Details

  • Title Money Mischief: Episodes in Monetary History
  • Author Milton Friedman
  • Binding Paperback
  • Edition [ Edition: Repri
  • Pages 304
  • Volumes 1
  • Language ENG
  • Publisher Mariner Books, San Diego, CA
  • Date 1994-03-31
  • Illustrated Yes
  • ISBN 9780156619301 / 015661930X
  • Weight 0.65 lbs (0.29 kg)
  • Dimensions 8 x 5.3 x 0.9 in (20.32 x 13.46 x 2.29 cm)
  • Library of Congress subjects Money - History, Monetary policy - History
  • Library of Congress Catalog Number 91023760
  • Dewey Decimal Code 332.4
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Money Mischief: Episodes in Monetary History

by Friedman, Milton

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ISBN 10 / ISBN 13
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