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"Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy. The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism."--Bloomsbury Publishing.

Money --- Monetary policy --- Chicago school of economics. --- Monetarism --- Institutional economics --- Neoclassical school of economics --- Schools of economics --- Mathematical models. --- Mathematical models --- E-books

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Chicago school of economics --- Friedman, Milton, --- 330.1553 --- Monetarism --- Neoclassical school of economics --- Fridman, M., --- Fridmen, Milton, --- Fu-li-te-man, --- Pʻŭridŭman, Miltʻŭn, --- Folimin, Mi'erdun, --- Economic schools --- Friedman, Milton, - 1912-2006

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331.31 --- GB / United Kingdom - Verenigd Koninkrijk - Royaume Uni --- Chicago school of economics --- Monetary policy --- -332.494109048 --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Monetarism --- Institutional economics --- Neoclassical school of economics --- Schools of economics --- Economisch beleid. --- History. --- -Great Britain --- -331.31 --- -Chicago school of economics --- 332.494109048 --- Economisch beleid --- Great Britain

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Challenges several 'conventional wisdoms' about UK macroeconomic policy, arguing that the Keynesians' advocacy of incomes policy and fiscal activism in the post-war decades did not have a strong basis in Keynes' own writings. This book denies that the UK had a 'Keynesian revolution', in the sense of a deliberately pursued fiscal activism.

Monetary policy --- Monetary policy - Great Britain --- 332.4941 --- 333.403 --- 333.80 --- GB / United Kingdom - Verenigd Koninkrijk - Royaume Uni --- Monetaire theorieën. Kwantitatieve theorie. Theorie van de incasso's. Optiek van de uitgaven en inkomens --- Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden --- Keynesian Economics --- Macroeconomics --- Monetarism --- British Economics --- Money. Monetary policy --- Keynes, John Maynard

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Milton Friedman is widely recognized as one of the most influential economists of the twentieth century. Yet no previous study has distilled Friedman’s vast body of writings into an authoritative account of his research, his policy views, and his interventions in public debate. With this ambitious new work, Edward Nelson closes the gap: Milton Friedman and Economic Debate in the United States is the defining narrative on the famed economist, the first to grapple comprehensively with Friedman’s research output, economic framework, and legacy. This two-volume account provides a foundational introduction to Friedman’s role in several major economic debates that took place in the United States between 1932 and 1972. The first volume, which takes the story through 1960, covers the period in which Friedman began and developed his research on monetary policy. It traces Friedman’s thinking from his professional beginnings in the 1930s as a combative young microeconomist, to his wartime years on the staff of the US Treasury, and his emergence in the postwar period as a leading proponent of monetary policy. The second volume covers the years between 1960 and 1972— years that saw the publication of Friedman and Anna Schwartz’s Monetary History of the United States. The book also covers Friedman’s involvement in a number of debates in the 1960s and 1970s, on topics such as unemployment, inflation, consumer protection, and the environment. As a fellow monetary economist, Nelson writes from a unique vantage point, drawing on both his own expertise in monetary analysis and his deep familiarity with Friedman’s writings. Using extensive documentation, the book weaves together Friedman’s research contributions and his engagement in public debate, providing an unparalleled analysis of Friedman’s views on the economic developments of his day.

Economists --- Economics --- Chicago school of economics --- History --- Friedman, Milton, --- 08 --- 331.100 --- Monetarism --- Institutional economics --- Neoclassical school of economics --- Schools of economics --- Economische geschiedenis: algemeenheden --- Economists - United States - Biography --- Economics - United States - History - 20th century --- Friedman, Milton, - 1912-2006 --- Chicago school of economics. --- Friedman, Milton