Signed and inscribed by Milton Friedman upon half-title. "Uses historical time series and economic analysis to argue the then-novel proposition that changes in the money supply profoundly influenced the U.S. economy, especially the behavior of economic fluctuations. The implication drawn is that changes in the money supply had unintended adverse effects, and that sound monetary policy is necessary for economic stability. Orthodox economic historians see [this] as one of the most influential economics books of the century. Friedman, 1912-2006, won the 1976 Nobel Prize in Economic Sciences. U... View More...