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Essays in Positive Economics

by Friedman, Milton A

  • ISBN: 9780226264035
  • ISBN10: 0226264033

Essays in Positive Economics

by Friedman, Milton A

  • Binding: Paperback
  • Publisher: University of Chicago Press
  • Publish date: 01/01/1953
  • ISBN: 9780226264035
  • ISBN10: 0226264033
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Description: Part I. Introduction The Methodology of Positive Economics Part II. Price Theory The Marshallian Demand Curve The "Welfare" Effects of an Income Tax and an Excise Tax Part III. Monetary Theory and Policy The Effects of a Full-Employment Policy on Economic Stability: A Formal Analysis A Monetary and Fiscal Framework for Economic Stability The Case for Flexible Exchange Rates Commodity-Reserve Currency Discussion of the Inflationary Gap Comments on Monetary Policy Part IV. Comments on Method Lange on Price Flexibility and Employment: A Methodological Criticism Lerner on the Economic of Control Index
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