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"Paul Krugman's essay "Who Was Milton Friedman?" seriously mischaracterizes Friedman's economics and his legacy. In this paper we provide a rejoinder to Krugman on these issues. In the course of setting the record straight, we provide a self-contained guide to Milton Friedman's impact on modern monetary economics and on today's central banks. We also refute the conclusions that Krugman draws about monetary policy from the experiences of the United States in the 1930s and of Japan in the 1990s"--Federal Reserve Bank of St. Louis web site.
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The impact of Milton Friedman on modern monetary economics: setting the record straight on Paul Krugman's "Who was Milton Friedman?"
2007, Federal Reserve Bank of St. Louis
Electronic resource
in English
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Edition Notes
Title from PDF file as viewed on 11/1/2007.
Includes bibliographical references.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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Feedback?December 19, 2020 | Edited by MARC Bot | import existing book |
June 27, 2012 | Created by LC Bot | import new book |