An Analysis of Milton Friedman's The Role of Monetary Policy

af

indgår i serie The Macat Library


An Analysis of Milton Friedman's The Role of Monetary Policy
  • Leveringstid 2-3 uger
  • Forventet levering 04-04-2021
Format:
Bog, hardback
Udgivelsesdato:
15-07-2017
Sprog:
Engelsk
  • Beskrivelse
  • Yderligere info
  • Anmeldelser

Milton Friedman was one of the most influential economists of all time - and his ideas had a huge impact on the economic policies of governments across the world. A key theorist of capitalism and its relationship to democratic freedoms, Friedman remains one of the most cited authorities in both academic economics and government economic policy. His work remains striking not just for its brilliant grasp of economic laws and realities, but also for its consistent application of high-level evaluation and reasoning skills to produce arguments that can convince experts and laypeople alike. Friedman's 1968 essay 'The Role of Monetary Policy' is a key example of how Friedman's critical thinking skills helped to cement his influence and reputation. The paper addressed the question of how a government's monetary policy affects the economy - from employment levels to inflation and so on. At its heart lies an evaluation and critique of the most widely accepted conception of monetary policy at the time - the 'Phillips Curve' - which argued that increased inflation leads naturally to increased employment. Systematically noting the flaws and weaknesses of the Phillips Curve theory, Friedman showed why this is not, in fact, the case. He then drew up a systematic alternative argument for what governmental monetary policy could and should aim to do. Though economists now consider Friedman's ideas to have considerable limitations, 'The Role of Monetary Policy' remains a masterclass in evaluating and countering faulty arguments.

Andre udgaver:

Bog, paperback

Vis mereVis mindre

Udgivelsesdato:
15-07-2017
ISBN13:
9781912302215
Vægt:
204 g
Bredde:
129 mm
Højde:
198 mm
Format:
Hardback
Forfattere
Bibliotekernes beskrivelse Friedman's 1968 paper changed the course of economic theory, rejecting existing theory and outlined an effective alternate monetary policy designed to secure `high employment, stable prices and rapid growth.'

Vis mereVis mindre

Vis mereVis mindre

Fandt du ikke hvad du søgte?

Hvis denne bog ikke er noget for dig, kan du benytte kategorierne nedenfor til at finde andre titler. Klik på en kategori for at se lignende bøger.

Velkommen til Saxo - din danske boghandel!

Hos os kan du handle som Gæst, Saxo-bruger eller Saxo Premium-medlem. Du bestemmer selv, og vores kundeservice sidder altid klar med hjælp.

Om medlemspriser hos Saxo

Hvis du køber til medlemspris, bliver du automatisk medlem og får del i de mange fede fordele. De første 30 dage er gratis for nye brugere, og derefter koster det kun 99,-/md. Medlemskabet fornyes automatisk, og du kan altid opsige det. Læs mere om fordelene ved Saxo Premium her.

Machine Name: SAXO080