Milton Friedman and Economic Debate in the United States, 1932–1972, Volume 1
- Contents
- Review Quotes

Conventions Used in this Book
Part 1: Friedman’s Pre-monetarist Period, 1932 to 1950
Chapter 1: 1942 and 1995 3
II. 1995
III. The Challenge
Chapter 2: Starting Out, 1932 to 1939
II. Issues, 1933–39
The New Deal: The Supply Side
Henry Simons
Simon Kuznets
Chapter 3: Economic Policy on the Home Front, 1940 to 1943
II. Issues, 1940–43
Paying for World War II
The Spendings Tax
Alvin Hansen
Clark Warburton
Chapter 4: Money Changes Everything, 1944 to 1950
II. Issues, 1944–50
The Emerging Monetarist
The Crusade against Cheap Money
III. Personalities, 1944–50
Paul Samuelson
Oskar Lange
Part 2: Friedman’s Framework
Chapter 5: Friedman’s Aggregate-Demand Framework: Consumption and Investment
Chapter 6: Friedman’s Aggregate-Demand Framework: Money and Securities
Chapter 7: Friedman’s Aggregate-Supply Framework
Chapter 8: Friedman’s Framework: Policy Rules
Chapter 9: Friedman’s Framework: Market Economics and Research Methodology
Part 3: Friedman’s Monetarist Years, 1951 to 1972
Chapter 10: The Accord and the New Regime, 1951 to 1960
II. Issues, 1951–60
The Incomplete Revival of Monetary Policy
Cost-Push Debates
III. Personalities, 1951–60
Senators Paul Douglas and Prescott Bush
William McChesney Martin
Bibliography
Index
"Edward Nelson knows more about Milton Friedman’s economics than anyone else alive. In two weighty volumes, he begins to share that knowledge with us. . . . Readers of the two chronological parts—even those who have already studied carefully Friedman’s major works—will learn much more from Nelson about the incredible breadth and diversity of Friedman’s academic research."
Economics and Business: Economics--History | Economics--Money and Banking
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