Monetary History of the United States 1867-1960

Milton FRIEDMAN   |   Anna Jacobson SCHWARTZ

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Monetary History of the United States 1867-1960
Monetary History of the United States 1867-1960

SCARCE FIRST EDITION OF FRIEDMAN AND SCHWARTZ’S A MONETARY HISTORY OF THE UNITED STATES

FRIEDMAN, Milton and SCHWARTZ, Anna Jacobson. A Monetary History of the United States 1867-1960. Princeton: Princeton University Press, 1963. Thick octavo, original green cloth, original dust jacket.

First edition of this classic history of American money and economics. The copy of UCLA economist William R. Allen, with his owner signature.

“Milton Friedman and Anna Schwartz’s A Monetary History of the United States 1867-1960 is perhaps the most influential work in economic history of the 20th century. The book, a perfect combination of historical narrative, empirical work, and theoretical analysis, was the major force in refocusing the economics profession’s thinking about the importance of money in generating cyclical fluctuations. It also showed how the severity of the Great Depression was in large part due to the mistakes of the Federal Reserve” (Cato Institute). Friedman “is regarded [as] a giant within the economics profession, and is one of the two or three most referenced and revered economics figures in the 20th century” (Pressman, 161). Contemporary owner signature of William R. Allen, the distinguished UCLA economist who has labored primarily in the fields of international economics, monetary economics, and the history of economic theory.

Book fine, dust jacket extremely good with light wear and mild toning to extremities. A desirable copy, with a wonderful provenance.

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