FAQ About Milton Friedman
What was the "Monetary History of the United States" by Friedman about?
A Monetary History of the United States, 1867–1960, co-authored by Milton Friedman and Anna Schwartz, is a seminal work that examines the role of money in the American economy. The book details how monetary policy decisions impact economic events and business cycles, emphasizing the importance of understanding the causes and consequences of monetary fluctuations. It provided substantial evidence supporting the idea that poor monetary policies contributed to economic downturns such as the Great Depression.
