University of Chicago Press
Milton Friedman's Monetary Framework: A Debate with His Critics
Key Metrics
- Robert J Gordon
- University of Chicago Press
- Paperback
- 9780226264080
- 8.96 X 6.02 X 0.48 inches
- 0.64 pounds
- Business & Economics > Money & Monetary Policy
- English
Secure TransactionBook Description
Because his statement was important and controversial both as a commentary on the history of economic thought and as a theoretical contribution in its own right, the Journal of Political Economy in 1972 presented critical reviews from noted monetary theorists, including Karl Brunner and Allan H. Meltzer, James Tobin, Paul Davidson, and Don Patinkin. Their studies, which are printed in the present volume, focus on substantive issues, covering a variety of topics. All of their major points are discussed in Friedman's reply, which clarifies and expands upon his original themes and introduces interesting new material. Thus the synthesis of his two articles, the critical comments, and his response, together with an introduction by Robert J. Gordon, are combined in one volume for the convenience of scholars and students.
Author Bio
Robert Gordon is a macroeconomist with a particular interest in unemployment, inflation, and both the long-run and cyclical aspects of labor productivity. He is the author of a textbook in intermediate macroeconomics, now in its 12th edition, and has completed a new book, The Rise and Fall of American Growth, published by the Princeton University Press in January, 2016. He is a Fellow of the Econometric Society and the American Academy of Arts and Sciences.
In 2014 he was elected as a Distinguished Fellow of the American Economic Association. In 2016 he was named by Bloomberg as one of the 50 most influential people in the world. For more than three decades, he has been a member of the National Bureau of Economic Research's Business Cycle Dating Committee, which determines the start and end dates for recessions in the United States.
Source: Northwestern University
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