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来源类型Working Paper
规范类型报告
DOI10.3386/w13546
来源IDWorking Paper 13546
The Impact of Milton Friedman on Modern Monetary Economics: Setting the Record Straight on Paul Krugman's \"Who Was Milton Friedman?\"
Edward Nelson; Anna J. Schwartz
发表日期2007-10-26
出版年2007
语种英语
摘要Paul Krugman's essay "Who Was Milton Friedman?" seriously mischaracterizes Friedman's economics and his legacy. In this paper we provide a rejoinder to Krugman on these issues. In the course of setting the record straight, we provide a self-contained guide to Milton Friedman's impact on modern monetary economics and on today's central banks. We also refute the conclusions that Krugman draws about monetary policy from the experiences of the United States in the 1930s and of Japan in the 1990s.
主题Macroeconomics ; Business Cycles ; Monetary Policy
URLhttps://www.nber.org/papers/w13546
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/571222
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Edward Nelson,Anna J. Schwartz. The Impact of Milton Friedman on Modern Monetary Economics: Setting the Record Straight on Paul Krugman's \"Who Was Milton Friedman?\". 2007.
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