A monetary history of the United States, 1867-1960 by Anna Jacobson Schwartz, Milton Friedman

A monetary history of the United States, 1867-1960






A monetary history of the United States, 1867-1960 Anna Jacobson Schwartz, Milton Friedman ebook
ISBN: 0691041474, 9780691041476
Format: djvu
Page: 891
Publisher: PUP


Milton Friedman and Anna Schwarz (1963), A Monetary History of the United States, 1867-1960 (Princeton: Princeton University Press). (The Gold Act of 1934 A Monetary History of the US 1867-1960 Friedman and Schwartz page 544; ^ a b c "FRB: Speech, Bernanke-Money, Gold, and the Great Depression -March 2, 2004". Posterity will know her as the co-author, with Milton Friedman, of Monetary History of the United States, 1867–1960, which revolutionized our understanding of the Great Depression. Treasury Department announced it would no longer back the U.S. Dollar, for foreign exchange purposes, with its gold reserves. A Monetary History of the United States, 1867–1960. Monetary system from the 1870s to 1971, when the U.S. All this he proved in his most important single work on economics called 'A Monetary History of the United States 1867 – 1960′ which he co-authored with Anna Jacobson Schwartz and which was published in 1963. Friedman, Milton and Anna Schwartz (1963), A Monetary History of the United States, 1867–1960, Princeton University Press. The gold standard was introduced in Great Britain in 1821 and was the basis for the U.S. But one striking historical case, from the early history of the United States, dramatically contradicts this common presupposition. €�An Improved Annual Chronology of U.S. Depositors withdrew funds and hoarded cash, .. Business Cycles since the 1790s,” Journal of Economic History 66.1: 103–121. Economic history were generally marked by widespread bank runs as depositors lost confidence in large segments of the banking system.2 Such was the case in the Panics of 1837, 1857, 1873, 1893, and 1907. Together, Schwartz and Friedman wrote A Monetary History of the United States, 1867-1960, an 888-page monetary policy tome.

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