The Optimum Quantity of Money

It is a dystopian where the history tells of a great Sickness that nearly wiped out everyone in the world. Now the community of Asphodel is trapped underground, waiting for the prophesied maiden of Justice to rescue them.Sixteen-year-old Astrea is supposed to be this savior - too bad for them she isn't a believer. i love the world building and how it combines Zodiac & Greek Mythology so beautifully. I think Hilary Thompson did an amazing job of creating this underground world, as well as the lesser known world above the surface. SHe strings a long both guys for practically the majority of the story. THree cities have been made after a "sickness/plague/'forced population reduction'" no idea what actually killed most of the population but 3 Cities were made by the 3 sisters and they are named after the 3 areas of the Underworld, Elysium, Tartarus, & Asphodel.Astrea & Lexan, our two main characters and prophesied star-crossed lovers (aka fated to be, which shocker they both don't like) live in Asphodel and are just weeks before Choosing Day where they will 'choose' each other and begin the prophesy that could lead Asphodel to finally leave underground.Well our special little MC, Astrea doesn't like this and as an Aries born on the Spring Equinox, she has quite the stubborn & strong temper. 3.5 stars.Alright, let's see if I can write a good rev

This work is essential reading for economists and graduate students in the field. The chapters on policy that follow survey the positions of earlier economists and deal with the importance of lags and the implications of destabilizing speculation in foreign markets. Taken as a whole, The Optimum Quantity of Money provides a comprehensive view of the body of monetary theory developed in leading centers of monetary analysis. The early chapters cover factors determining the real quantity of money held in a community and the welfare implications of policies that affect the quantity held. The volume will be no less important for practicing business and banking personnel as well. This theoretical framework is used in examining a number of empirical problems: the demand for money, the explanation of price changes in wartime periods, and the role of money in business cycles. The new statement by Michael Bordo, a student of Friedman's and an expert in the field, provides a sense of where the field now stands in the economy and academy.. The following chapters formally restate why quantity analysis has become central to the science of economics. This classic set of essays by Nobel Laureate and leading monetary theorist Milton Friedman presents a coherent view of the role of money, focusing on specific topics related to the empirical analysis of monetary phenomena and policy. These essays summarize some of the most important result

The book under review is a collection of his essays on the subject, and should be read by every serious student of monetary economics… It has been a delight to read or reread the essays in this volume. For those reasons, no economist working in the field of monetary theory can afford to be unfamiliar with the writings of Milton Friedman… His work is fruitful: it always is.” —Jerome L. Friedman’s important contributions to monetary economics could not be fully appreciated if the reader failed to take his warning seriously about accepting economic propositions without critical examination, be they propositions by Keynes or by Friedman.” —Gregory C. “Milton Friedman, more than any other individual, has reshaped the thinking of contemporary economists and economic policy-makers on monetary theory and policy. Chow, The Journal of Finance “Economists are much better at defining what should be done to maintain an equilibrium than at devising means of recovering it when it is lost. Stein, Journal of Money, Credit and Banking “What Friedman and h

Among his many books are Essays in Positive Economics, A Program for Monetary Stability, Capitalism and Freedom, A Monetary History of the United States, and The Optimum Quantity of Money.

Michael D. Bordo is professor of economics and director of the Center for Monetary and Financial History at Rutgers University. Before that, he was Paul Snowden Russell Distinguished Service Professor of Economics at the University of Chicago. Schwartz) A Retrospective on the Classical Gold Standard 1821-1931.

Title : The Optimum Quantity of Money
Author : Milton Friedman
Rating : 4.66 (878 Vote)
Publish : 2014-12-26
Format : Paperback
Pages : 308 Pages
Asin : 1412804779
Language : English