FRIEDMAN, Milton.

£750 · Offered by Peter Harrington · No longer available

The Optimum Quantity of Money First edition of these 13 essays embodying Friedman's view of monetary theory. The title essay, published here for the first time, "showed that under some conditions deflation would be optimal because it would encourage the use of cash, which costs almost nothing to produce. This essay became one of the most cited in the field of monetary theory" (ANB).

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