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The Friedman System: Economic Analysis of Time Series

by

The Friedman System: Economic Analysis of Time Series Cover

 

Synopses & Reviews

Publisher Comments:

This elaboration of the writings and statements of Milton Friedman is intended to create an economic system that moves the subject along theory-, fact-, and policy-oriented lines. Items directly attributable to Friedman are used in combination with an awareness of the unique breadth of his experience connected to statistical matters, and his work with Wesley C. Mitchell and others. In addition, some of the author's experiences dating back to the 1950s are used to reconstruct theory and bring in some topics Friedman did not consider.

Book News Annotation:

Extends the delineation of the Friedman system described in the author's The Legacy of Keynes and Friedman, discussing Friedman's ideas and educational experiences as they connect to statistical matters and the National Bureau of Economic Research, and looking at topics Friedman didn't consider. Examines Friedman's controversial 1953 essay, tenets of monetarism, endogenous/exogenous money supply theory, the bond market constraint on health care reform, and development economics.
Annotation c. Book News, Inc., Portland, OR (booknews.com)

Synopsis:

An elaboration of Milton Friedman's statements and writings with extrapolation, using his background and education to establish a system that can be ascribed to him.

About the Author

WILLIAM FRAZER is Professor of Economics at the University of Florida.

Table of Contents

Preface

Introduction

An Overview

The Big Picture: Economics as a Systematic Way of Thinking

Beyond Neoclassical Economics

The Famous Controversial Essay

Institutional Economics, Friedman, and Selected Critics

Analysis, Axioms, and the Liquidity Preference Constructions

Indirect Evidence, Bond Traders, and Expected Returns

Analyses of Data

The Philosophical Ideological Left

Tenets of Monetarism, Institutionalists, and the New Classical School

Tenets of Monetarism: A Friedman-System Variation

Endogenous/Exogenous Money Supply Theory

The New Classical School and Rational Expectations

From the Bond Market to Development Economics

The Bond Market Constraint on Health Care Reform

Development Economics and Money

Behavior and Economics

An Analytical System with Emphasis on Behavior

Bibliography

Index

Product Details

ISBN:
9780275958435
Author:
Frazer, William
Publisher:
Praeger
Subject:
General
Subject:
Economics
Subject:
Econometrics
Subject:
Time-series analysis
Subject:
Economics -- Statistical methods.
Subject:
Economics - Theory
Subject:
Sociology - General
Publication Date:
19970731
Binding:
Hardcover
Grade Level:
Professional and scholarly
Language:
English
Pages:
280
Dimensions:
1.40 in.

Related Subjects

Business » Tax Guides
History and Social Science » Economics » General
History and Social Science » Politics » General
History and Social Science » Sociology » General

The Friedman System: Economic Analysis of Time Series New Hardcover
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Product details 280 pages Praeger Publishers - English 9780275958435 Reviews:
"Synopsis" by , An elaboration of Milton Friedman's statements and writings with extrapolation, using his background and education to establish a system that can be ascribed to him.
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