Studies in the Quantity Theory of Money.

FRIEDMAN, Milton.

Item Number: 40023

Chicago: University of Chicago Press, 1956.

First edition of this collection of essays on quantity theory of money. Octavo, original cloth. Signed by Nobel Prize-winning economist Milton Friedman on the title page. Fine in a very good dust jacket with light rubbing. Contains articles written by Milton Friedman, Philip Cagan, John Klein, Eugene Lerner and Richard T. Selden.

Studies in the Quantity Theory of Money provides a systematic statement of the theoretical position of the Chicago school on monetary economics. Milton Friedman restates the quantity theory of money and discusses the significance of its revival after a period of eclipse by the Keynesian view. Four empirical studies by Phillip Cogan, John J. Klein, Eugene M. Lerner, and Richard T. Selden are provided in support of the theory.