"I frequently tell students: If you buy only one economics book, it should be A Monetary History. The book is obviousl…"

"We don't know what would have happened had [Federal Reserve Governor Benjamin] Strong lived; but what we do know is t…"

"Friedman and Schwartz claimed that the fall in the money supply turned what might have been an ordinary recession int…"

"We know that monetary changes ought to be irrelevant, because units don't matter. Accepting the Friedman-Schwartz evi…"

"What Friedman and Schwartz do in their monograph is try to link up these big episodes with large-scale monetary colla…"

"Friedman’s A Theory of the Consumption Function, which appeared in 1957, was a major work by any standards; but monet…"

"[...] limits on shareholder democracy correlate with both unusually good and unusually poor corporate performance [..…"

"The most obvious negative feature of capitalism is that it can produce private monopolies that restrict output and th…"

"Advertising is an important characteristic of modern capitalism and a contributory factor in the establishment and ma…"

"These efforts to induce dissent in corporate boardrooms are likely to be unpopular with some CEOs, just as discussant…"