A Monetary History of The United States

A Monetary History Of The United States

A Monetary History of the United States, 1867–1960 is a book written in 1963 by Nobel prize winning economist Milton Friedman and Anna J. Schwartz. It collects together historical data and economic analysis to argue the then novel proposition that changes in monetary policy (changes in the rate of growth of the money supply) profoundly influenced the US economy, especially the behavior of economic fluctuations.

Read more about A Monetary History Of The United States:  Thesis, Influence

Famous quotes containing the words united states, monetary, history, united and/or states:

    The professional celebrity, male and female, is the crowning result of the star system of a society that makes a fetish of competition. In America, this system is carried to the point where a man who can knock a small white ball into a series of holes in the ground with more efficiency than anyone else thereby gains social access to the President of the United States.
    C. Wright Mills (1916–1962)

    In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.
    Ezra Pound (1885–1972)

    Properly speaking, history is nothing but the crimes and misfortunes of the human race.
    Pierre Bayle (1647–1706)

    Because of these convictions, I made a personal decision in the 1964 Presidential campaign to make education a fundamental issue and to put it high on the nation’s agenda. I proposed to act on my belief that regardless of a family’s financial condition, education should be available to every child in the United States—as much education as he could absorb.
    Lyndon Baines Johnson (1908–1973)

    [Urging the national government] to eradicate local prejudices and mistaken rivalships to consolidate the affairs of the states into one harmonious interest.
    James Madison (1751–1836)