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Friedman makes clear once and for all that no one is immune from monetary economics-that is, from the effects of its theory and its practices. He demonstrates through historical events the mischief that can result from misunderstanding the monetary system. Index.
A Nobel Prize Laureate in Economics makes clear once and for all that no one is immune to the effects of monetary economics--both its theory and practices. He demonstrates through historical episodes the mischief that can result from misunderstanding the monetary system.
Nobel Prize-winner Friedman demonstrates through historical events the mischief that can result from misunderstanding the monetary system, and explains what the present monetary system in the US means for individual Americans as well as for the global economy. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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December 05, 2007: Milton Friedman is best known for his 2 monumental books: 'Capitalism and Freedom' and 'Free to Choose'. Money Mischief is less well known, but equally great. Friedman provides a fascinating and easy to understand explanation of what 'money' really is and how it works (or fails to work) in society. In addition to bills and coins, money can take the form of gold, cigarettes, or even large rocks. If this seems strange to you, read the book for a clear explanation. This book also provides the clearest explanation I have ever seen about the complex connection between money supply, growth, and inflation in an economy. Complete with fascinating real world case studies, I found Money Mischief impossible to put down.