An edition of Theory and measurement (1996)

Theory and measurement

causality issues in Milton Friedman's monetary economics

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Last edited by MARC Bot
July 28, 2014 | History
An edition of Theory and measurement (1996)

Theory and measurement

causality issues in Milton Friedman's monetary economics

  • 0 Ratings
  • 1 Want to read
  • 0 Currently reading
  • 0 Have read

Focusing on the period of Milton Friedman's collaboration with Anna J. Schwartz, this work examines the history of debates between Friedman and his critics over money's causal role in business cycles. Professor Hammond shows that critics' reactions were grounded in two distinctive features of Friedman and Schwartz's way of doing economic analysis - their National Bureau business-cycle methods and Friedman's Marshallian methodology.

With the postwar dominance of Cowles Commission methods and Walrasian methodology, Friedman and Schwartz's monetary economics appeared to contemporary critics to be "measurement without theory.".

Drawing extensively on unpublished materials, Professor Hammond's treatment offers new insights on Friedman's attempts to settle debates with his critics and his eventual recognition of the methodological impediments. The book will interest monetary economists and macroeconomists, as well as historians of economics and methodologists.

Publish Date
Language
English
Pages
238

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Previews available in: English

Edition Availability
Cover of: Theory and Measurement
Theory and Measurement: Causality Issues in Milton Friedman's Monetary Economics
2011, Cambridge University Press
in English
Cover of: Theory and Measurement
Theory and Measurement: Causality Issues in Milton Friedman's Monetary Economics
2009, Cambridge University Press
in English
Cover of: Theory and Measurement
Theory and Measurement: Causality Issues in Milton Friedman's Monetary Economics (Historical Perspectives on Modern Economics)
November 10, 2005, Cambridge University Press
Paperback in English - New Ed edition
Cover of: Theory and measurement
Theory and measurement: causality issues in Milton Friedman's monetary economics
1996, Cambridge University Press
in English

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Book Details


Edition Notes

Includes bibliographical references (p. 219-234) and index.

Published in
Cambridge, New York
Series
Historical perspectives on modern economics

Classifications

Dewey Decimal Class
330.15/7
Library of Congress
HB119.F84 H36 1996

The Physical Object

Pagination
x, 238 p. :
Number of pages
238

ID Numbers

Open Library
OL787040M
Internet Archive
theorymeasuremen00hamm_829
ISBN 10
0521552052
LCCN
95019324
Library Thing
9432279
Goodreads
4128631

Source records

Internet Archive item record

Excerpts

"Measurement Without Theory" was the title that Tjalling Koopmans gave his famous review of Arthur Burns and Wesley Mitchell's Measuring Business Cycles.
added anonymously.

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July 29, 2024 Edited by MARC Bot import existing book
December 4, 2022 Edited by ImportBot import existing book
December 4, 2022 Edited by ImportBot import existing book
November 20, 2020 Edited by MARC Bot import existing book
July 28, 2014 Edited by ImportBot import new book