A recent symposium in the Journal of Political Economy was devoted to two papers in which Professor Friedman had developed more explicitly than previously the theoretical framework underlying his monetary analysis. In the view of the present authors — and, to judge from his reply to his...

Cover -- Contents -- Foreword -- Preface -- Chapter 1 Introduction -- Group A versus Group B -- Expanding Debt Relief -- Reinventing the Aid Architecture -- Appendix 1.1 Ten Questions about Debt and Debt Relief -- Chapter 2 The HIPC Initiative: Background and Critiques -- The Heavily Indebted...