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.
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.
Nick Broten was educated at the California Institute of Technology and the London School of Economics. He is doing postgraduate work at the Pardee RAND Graduate School and works as an assistant policy analyst at RAND. His current policy interests include designing distribution methods for end-of-life care, closing labour market skill gaps, and understanding biases in risk-taking by venture capitalists. John Collins is a senior analyst at Mesirow Financial.
Inhaltsangabe
Ways in to the Text Who was Milton Friedman? What does The Role of Monetary Policy Say? Why does The Role of Monetary Policy Matter? Section 1: Influences Module 1: The Author and the Historical Context Module 2: Academic Context Module 3: The Problem Module 4: The Author's Contribution Section 2: Ideas Module 5: Main Ideas Module 6: Secondary Ideas Module 7: Achievement Module 8: Place in the Author's Work Section 3: Impact Module 9: The First Responses Module 10: The Evolving Debate Module 11: Impact and Influence Today Module 12: Where Next? Glossary of Terms People Mentioned in the Text Works Cited
Ways in to the Text Who was Milton Friedman? What does The Role of Monetary Policy Say? Why does The Role of Monetary Policy Matter? Section 1: Influences Module 1: The Author and the Historical Context Module 2: Academic Context Module 3: The Problem Module 4: The Author's Contribution Section 2: Ideas Module 5: Main Ideas Module 6: Secondary Ideas Module 7: Achievement Module 8: Place in the Author's Work Section 3: Impact Module 9: The First Responses Module 10: The Evolving Debate Module 11: Impact and Influence Today Module 12: Where Next? Glossary of Terms People Mentioned in the Text Works Cited
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