Milton Friedman

This selection from the authors' A Monetary History of the United States, 1867-1960 (Princeton) describes the changes that were made in the banking structure and in the monetary standard following the great contraction of 1929 to 1933...

“The leading and most persuasive explanation of the worst economic disaster in American history, the onset of the Great Depression.”—Ben S. Bernanke, Nobel Prize–winning economist and former chair of the U.S. Federal Reserve

Nobel Prize–winning economist Milton...

What is the exact nature of the consumption function? Can this term be defined so that it will be consistent with empirical evidence and a valid instrument in the hands of future economic researchers and policy makers? In this volume a...

“Magisterial. . . . The direct and indirect influence of the Monetary History would be difficult to overstate.”—Ben S. Bernanke, Nobel Prize–winning economist and former chair of the U.S. Federal Reserve

From Nobel Prize–winning economist Milton Friedman and his...