Nelson, Edward - Federal Reserve Bank of St. Louis - 2009
This paper analyzes the interaction of Milton Friedman and U.K. economic policy from 1938 to 1979. The period under …'s observations on and dealings with key events, issues, and personalities in U.K. monetary policy and in general U.K. economic policy. …-equilibrium
argument in the General Theory was “highly congenial to the opponents of the market
system” (Friedman and Schwartz, 1982, p …