"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output": First Edition of Monetarist Economics; Signed by Milton Friedman

  • Monetarist Economics.

Monetarist Economics.


Item Number: 3765

Cambridge, MA: Blackwell Publishing, 1991.

First edition. Octavo, original black cloth. Signed by Milton Friedman on the title page. Fine in a fine dust jacket. An important collection of writings. Housed in a custom half morocco clamshell box.

Monetarist Economics presents the principal papers on monetarism. Monetarism’s rise to intellectual prominence began with writings on basic monetary theory by Friedman and other University of Chicago economists during the 1950s, writings that were influential because of their adherence to fundamental neoclassical principles.

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