<DIV>"Stimulating, provocative, often infuriating, but well worth reading."—Peter Newman, <I>Economica</I><BR><BR>"His critical blast blows like a north wind against the more pretentious erections of modern economics. It is however a healthy and invigorating blast, without malice and with a sincere regard for...</i></div>

<DIV>The special task of this book is to present a statistical and theoretical analysis of the relation between the quantity of money and other key economic magnitudes over periods longer than those dominated by cyclical fluctuations-hence the term trends in the title. This book is not restricted to...</div>

Originally appeared in the Federal Reserve Bank of San Francisco Economic Review supplement, Spring 1977

This paper examines the contents of the Economic Journal during its first century as a prelude to speculating about the likely development of economics during the next century. The conclusion is that the issues dealt with will remain much the same and so will many of the substantive conclusions....