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Biography & History - The Monetarists: The Making of the Chicago Monetary Tradition, 1927–1960

Description

Book Synopsis: An essential origin story of modern society’s most influential economic doctrine. The Chicago School of economic thought has been subject to endless generalizations—and mischaracterizations—in contemporary debate. What is often portrayed as a monolithic obsession with markets is, in fact, a nuanced set of economic theories born from decades of research and debate. The Monetarists is a deeply researched history of the monetary policies—and personalities—that codified the Chicago School of monetary thought from the 1930s through the 1960s. These policies can be characterized broadly as monetarism: the belief that prices and interest rates can be kept stable by controlling the amount of money in circulation. As economist George S. Tavlas makes clear, these ideas were more than just the legacy of Milton Friedman; they were a tradition in theory brought forth by a crucible of minds and debates throughout campus. Through unprecedented mining of archival material, The Monetarists offers the first complete history of one of the twentieth century’s most formative intellectual periods and places. It promises to elevate our understanding of this doctrine and its origins for generations to come.

Details

Are you tired of the endless generalizations and mischaracterizations surrounding the Chicago School of economic thought? Look no further than "The Monetarists: The Making of the Chicago Monetary Tradition, 1927–1960". This meticulously researched book takes you on a journey through the history of monetary policies that shaped the Chicago School from the 1930s to the 1960s.

Discover the nuanced set of economic theories that were born out of decades of research and debate. Contrary to popular belief, the Chicago School is not solely obsessed with markets. It is a rich tapestry of ideas, with monetarism at its core. Monetarism, the belief in controlling the amount of money in circulation to maintain stable prices and interest rates, has had a profound impact on modern society.

Author George S. Tavlas leaves no stone unturned in his quest to unveil the true legacy of the Chicago School. By delving deep into archival material, he brings to light the personalities and debates that shaped this influential intellectual period. "The Monetarists" offers a comprehensive history that will challenge your preconceptions and elevate your understanding of monetary doctrine.

Don't miss out on this groundbreaking book that promises to redefine the way we view the Chicago School. Order your copy of "The Monetarists: The Making of the Chicago Monetary Tradition, 1927–1960" today and become part of a generation that truly understands the origins of modern economic thought.

Order "The Monetarists" now and embark on a journey of discovery!

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