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(as of Jan 16, 2025 04:50:15 UTC – Details)
“A lively, enlightening introduction to monetary history…from monetarism’s most articulate apostle.”—Kirkus Reviews”The Oliver Stone of economics” (Chicago Tribune), Nobel Prize laureate Milton Friedman makes clear once and for all that no one, from the local corner merchant to the Wall Street banker to the president of the United States, is immune from monetary economics. In Money Mischief, Friedman discusses the creation of value: from stones to feathers to gold. He outlines the central role of monetary theory and shows how it can act to ignite or deepen inflation. Through colorful historical episodes, he demonstrates the mischief that can result from a misunderstanding of monetary economics — how, for example, the work of two obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan and how Franklin D. Roosevelt’s decision to appease a few senators from the American West helped communism triumph in China. And he explains, in plain English, what the present monetary system in the United States means for your paycheck and your savings as well as for the global economy.
Publisher : Mariner Books; First Edition (March 31, 1994)
Language : English
Paperback : 304 pages
ISBN-10 : 015661930X
ISBN-13 : 978-0156619301
Item Weight : 2.31 pounds
Dimensions : 5.31 x 0.75 x 8 inches
Customers say
Customers find the book provides a clear explanation of monetary theory and history. They describe it as an interesting account of how money is controlled by government policies through history. The book is described as an easy, informative read that should be understood by everyone.
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