Quantity Theory of Money Research

Author: Milton Friedman
Publisher:
Publish Date: 2001-01-01
Features: This book is hailed by the renowned American economist Stanley Fischer as one of the three most influential works in the field of macroeconomics since Keynes's General Theory. The book includes five essays: "A Restatement of the Quantity Theory of Money," "The Monetary Dynamics of Hyperinflation," "Money and Prices in Germany," "Inflation in the Confederate States," and "The Velocity of Money in the United States." The selected essays present novel perspectives and possess strong theoretical and reference value. From them, readers can gain a general understanding of the development and characteristics of Western economies, while the book is also suitable for reference by professional researchers.