Milton Friedman on Keynesian Economics
26 Sep 2022 Leave a comment
in business cycles, fiscal policy, health economics, labour economics, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment Tags: Keynesian macroeconomics
This paper attempts to resolve the paradox of Friedmanian monetary theory: “Money is a veil, but when the veil flutters, real output sputters.”
07 Sep 2022 Leave a comment
in business cycles, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics, Robert E. Lucas
Inflation, according to the monetarists, was caused by an excess supply of money
07 Sep 2022 Leave a comment
Expectations and the power of policy
03 Sep 2022 Leave a comment
in applied price theory, business cycles, econometerics, fiscal policy, macroeconomics, monetary economics, Robert E. Lucas, unemployment
Milton Friedman on Keynesian Economics
23 Aug 2022 Leave a comment
in business cycles, economic history, fiscal policy, great depression, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics, unemployment Tags: Keynesian macroeconomics, monetary policy
Milton Friedman on the leads and lags in monetary policy
22 Aug 2022 Leave a comment
in business cycles, economic growth, fiscal policy, history of economic thought, macroeconomics, monetarism, monetary economics
From The New Palgrave 1987
Productivity shocks, especially those affecting manufacturing firms, account for much of the decline in gross output during 2008-2009, not financial shocks
21 Aug 2022 Leave a comment
in business cycles, econometerics, economic growth, Edward Prescott, macroeconomics
Milton Friedman on inflation and fiscal policy
21 Aug 2022 Leave a comment
in business cycles, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
From The New Palgrave 1987
Milton Friedman – Understanding Inflation
20 Aug 2022 Leave a comment
in budget deficits, business cycles, economic history, fiscal policy, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics Tags: inflation, monetary policy
Bruce D. Smith doubts a Monetary History…
19 Aug 2022 Leave a comment
in business cycles, history of economic thought, macroeconomics, Milton Friedman, monetarism
Scott Freeman on monetarism
18 Aug 2022 Leave a comment
in business cycles, history of economic thought, macroeconomics, Milton Friedman, monetarism, monetary economics
From Inside Money, Output, and Causality, Scott Freeman and Gregory W. Huffman, International Economic Review, Vol. 32, No. 3 (August 1991), pp. 645-667 Stable URL: http://www.jstor.org/stable/2527112
Freeman and Champ on money/output correlations
17 Aug 2022 Leave a comment
in business cycles, economic growth, history of economic thought, macroeconomics, monetarism, monetary economics Tags: monetary policy
The interaction of inflation with the tax code and the business cycle
15 Aug 2022 Leave a comment
in business cycles, macroeconomics, monetary economics, public economics
Utopia, you are standing in it! 
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