Binding: Hardcover
Dewey Decimal Number: 332.46
EAN: 9780151620425
ISBN: 0151620423
Label: Harcourt
Manufacturer: Harcourt
Number Of Items: 1
Number Of Pages: 274
Publication Date: 1992-02
Publisher: Harcourt
Sales Rank: 907879
Studio: Harcourt

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Editorial Review:

Product Description:
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.




Rating: - Neither the Govt. nor the Central bank controls the money supply.The private commercial banking industry controls the money
I will concentrate this review of Friedman's book on the the time period 1900 onward and cover Friedman's analysis in this book as it applies to the banking system set up in 1913 by the Federal Reserve Act.Friedman has an excellent discussion of the problems resulting from the attempt to introduce a bimetallic standard in the USA that occurred in the late 1870's and culminated in the 1896 election between William Jennings Bryan and William McKinley that resulted in the defeat for bimetallism.He ... Read More

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Rating: - Review for a Nobel Prize winner...
Review by a non Nobel Prize winner:
Dirty details of the progress of our United States Currency are the theme of this book. If you like the arithmetic to pop out as you look at text, and are one who likes absorbing and detailed accounts which provide tools for thought, you should like this collection of papers and essays on money. I did.

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Rating: - Very interesting
Milton Friedman is simply the best. So far I've read a couple of chapters and already am extremely enlightened.

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Rating: - Excellent
Milton Friedman is a great teacher because he has the rare ability to explain complicated subjects in clear understandable language. This book in particular will give the reader insight into the mysterious world of money. At the end you will understand money so well that when you watch CNBC you will start questioning the actions of the Federal Reserve. I highly recommend this book. Also, be sure to youtube and charlierose 'Milton Friendman' for some great videos. We have lost a great human. R.I.P.

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Rating: - Best explanation of what money really is and how it works
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 ... Read More

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