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The Money Illusion: Market Monetarism, the Great Recession, and the Future of Monetary Policy
By Scott Sumner
eBook
$16.99
By Scott Sumner
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The first book-length work on market monetarism, written by its leading scholar.
Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It's happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the 21st century.
Forgoing the usual relitigating of problems...
Is it possible that the consensus around what caused the 2008 Great Recession is almost entirely wrong? It's happened before. Just as Milton Friedman and Anna Schwartz led the economics community in the 1960s to reevaluate its view of what caused the Great Depression, the same may be happening now to our understanding of the first economic crisis of the 21st century.
Forgoing the usual relitigating of problems...