The great contraction, 1929-1933
Friedman and Schwartz's A Monetary History of the United States, 1867-1960, published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshaled massive historical data and sharp analytics to support the claim that monetary policy--steady control of the money supply--matters profoundly in the management of the nation's economy, especially in navigating serious economic fluctuations. The chapter entitled ""The Great Contraction, 1929-33"" addressed the central economic event of the century, the Great Depression
eBook, English, ©2008
Princeton University Press, Princeton, ©2008