"Reagan had the opportunity to perform this quick surgery when he came into office. Instead, he turned his economic po…"

"Although there are deep and abiding differences between Chicago school monetarists and Austrian monetary theorists, t…"

"Monetarism was a powerful force in economic debate for about three decades after Friedman first propounded the doctri…"

"Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and soc…"

"Milton Friedman and Anna Schwartz’s monumental Monetary History of the United States eventually helped to displace Ke…"

"Friedman's failure to see that monetarism would ultimately lead to the excesses of Keynesian tinkering in the economy…"

"However, if Friedmanite monetarism was anything, it was naïve about political reality. The fatal flaw of Friedman's f…"

"The world probably would have been much better off had macroeconomics never been devised. Although I have in mind Key…"

"Monetarism means honest money. It means that the money is backed properly by the production of goods and services."

"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more r…"