The Legacy of Keynes & Friedman: Economic Analysis, Money, & Ideology

Hardcover | January 7, 1994

byWilliam Frazer

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This work deals with the economic systems of the two monetary revolutionaries of this century. They reacted against orthodoxy in different ways, with Friedman redirecting and reinforcing Keynes' major contributions. Friedman used the system of testing one hypothesis against another rather than using a naive model. He provided analytical, political, and ideological positions that yield an all-encompassing analytical system.

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This work deals with the economic systems of the two monetary revolutionaries of this century. They reacted against orthodoxy in different ways, with Friedman redirecting and reinforcing Keynes' major contributions. Friedman used the system of testing one hypothesis against another rather than using a naive model. He provided analytica...

Format:HardcoverDimensions:304 pagesPublished:January 7, 1994Publisher:Greenwood Publishing Group, Incorporated

The following ISBNs are associated with this title:

ISBN - 10:0275947319

ISBN - 13:9780275947316

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?This book is a welcome addition to the long list on the two schools of economic thoughts, as it offers new insights through comparisons and contrasts in a style that can be comprehended by laypersons and appreciated by specialists. In one volume the author has succeeded in providing a well-balanced and comprehensive analysis of the philosophies of Keynes and Friedman. The book is timely, well written, and would be an excellent component of a well-balanced business curriculum, and is a "must read" for economists and policymakers.?-The Southern Economic Journal