| Document Type
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BL
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| Record Number
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659018
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| Doc. No
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dltt
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| Main Entry
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Friedman, Milton,1912-2006.
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| Title & Author
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The great contraction, 1929-1933 /\ with a new preface by Anna Jacobson Schwartz and a new introduction by Peter L. Bernstein ; [by] Milton Friedman and Anna Jacobson Schwartz.
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| Publication Statement
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Princeton :: Princeton University Press,, c2008.
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| Series Statement
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Princeton classic editions
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| Page. NO
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xxxii, 265 p. :: ill. ;; 22 cm.
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| ISBN
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9780691137940 (pbk. : acid-free paper)
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: 0691137943 (pbk. : acid-free paper)
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| Notes
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"A study by the National Bureau of Economic Research."
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| Bibliographies/Indexes
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Includes bibliographical references and indexes.
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| Contents
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New preface by Anna Jacobson Schwartz -- Introduction: the great contraction, seen from the perspective of 2007 by Peter L. Bernstein -- The great contraction 1929-1933 by Milton Friedman and Anna Jacobson Schwartz -- Remarks by Ben S. Bernanke -- Author Index -- Subject Index
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| Abstract
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"The original version of this book, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. Published as a stand-alone paperback in 1965, the original version of this book argued that the Federal Reserve could have stemmed the severity of the Great Depression, but failed to exercise its role of managing the monetary system and ameliorating banking panics. The book served as a clarion call to the monetarist school of thought by emphasizing the importance of the money supply in the functioning of the economy--a concept that has come to inform the actions of central banks worldwide."--Back cover.
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| Subject
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Money-- United States-- History.
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| Subject
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Currency question-- United States-- History.
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| Subject
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Monetary policy-- United States-- History.
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| LC Classification
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HG 538.F85 2008
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| Added Entry
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Schwartz, Anna J., (Anna Jacobson),1915-2012.
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| Added Entry
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National Bureau of Economic Research.
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