The Contribution of 'A Monetary History of the United States, 1867-1960' to Monetary History

The Contribution of 'A Monetary History of the United States, 1867-1960' to Monetary History

1989 | Michael D. Bordo
This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research. The volume is titled "Money, History, and International Finance: Essays in Honor of Anna J. Schwartz," edited by Michael D. Bordo, published by the University of Chicago Press, with ISBN 0-226-06593-6. The volume was published in 1989 and includes a chapter titled "The Contribution of 'A Monetary History of the United States, 1867–1960' to Monetary History" by Michael D. Bordo. The chapter discusses the impact of Friedman and Schwartz's work on monetary history, highlighting its role as a classic reference in the field. The chapter notes that the book has been cited frequently since its publication in 1963, with citations increasing over time. It emphasizes the book's contribution to modern quantity theory and its influence on monetary history research. The chapter also outlines the book's analysis of U.S. monetary history, including the effects of monetary disturbances, the domestic monetary framework, and monetary standards. The book is described as a foundational work in monetary history, providing a comprehensive analysis of the relationship between money and economic activity. The chapter also discusses the book's role in shaping monetary policy research and its impact on the understanding of monetary disturbances and the Great Contraction. The chapter concludes by emphasizing the book's enduring significance in the field of monetary history.This PDF is a selection from an out-of-print volume from the National Bureau of Economic Research. The volume is titled "Money, History, and International Finance: Essays in Honor of Anna J. Schwartz," edited by Michael D. Bordo, published by the University of Chicago Press, with ISBN 0-226-06593-6. The volume was published in 1989 and includes a chapter titled "The Contribution of 'A Monetary History of the United States, 1867–1960' to Monetary History" by Michael D. Bordo. The chapter discusses the impact of Friedman and Schwartz's work on monetary history, highlighting its role as a classic reference in the field. The chapter notes that the book has been cited frequently since its publication in 1963, with citations increasing over time. It emphasizes the book's contribution to modern quantity theory and its influence on monetary history research. The chapter also outlines the book's analysis of U.S. monetary history, including the effects of monetary disturbances, the domestic monetary framework, and monetary standards. The book is described as a foundational work in monetary history, providing a comprehensive analysis of the relationship between money and economic activity. The chapter also discusses the book's role in shaping monetary policy research and its impact on the understanding of monetary disturbances and the Great Contraction. The chapter concludes by emphasizing the book's enduring significance in the field of monetary history.
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