A monetary history of the United States, 1867-1960 by Anna Jacobson Schwartz, Milton Friedman

A monetary history of the United States, 1867-1960



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A monetary history of the United States, 1867-1960 Anna Jacobson Schwartz, Milton Friedman ebook
ISBN: 0691041474, 9780691041476
Format: djvu
Publisher: PUP
Page: 891


Quote Investigator: The earliest evidence QI has located for this saying is dated 1963. Economic history were generally marked by widespread bank runs as depositors lost confidence in large segments of the banking system.2 Such was the case in the Panics of 1837, 1857, 1873, 1893, and 1907. But as California's 11.5% unemployment rate attests, we still find ourselves slogging through the starkest economic landscape most of us have known in our lifetimes. A Monetary History of the United States, 1867-1960, Princeton, NJ: Princeton University Press. Explanations can be grouped into the .. But one striking historical case, from the early history of the United States, dramatically contradicts this common presupposition. A monetary history of the United States, 1867-1960. A Monetary History of the United States, 1867–1960. Depositors withdrew funds and hoarded cash, .. For economic policymakers, this crisis has been like a hundred-year flood—a disaster of the highest .. There are a number of competing explanations as to why the crisis was so severe. Its social impact was even more harrowing as twenty-five percent of the US civilian labour force was unemployed by 1933, the worst point of the depression (Canterbery 2011, p.18). Anna Schwarz, Milton Friedman's collaborator on "A Monetary History of the United States, 1867-1960," passed away yesterday at age 96. Princeton, N.J.: Princeton University Press. Milton Friedman and Anna Schwarz (1963), A Monetary History of the United States, 1867-1960 (Princeton: Princeton University Press).