Call Boomerang Books 1300 36 33 32

Get Latest Book News + FREE Shipping. Subscribe to the Boomerang Books Bulletin eNewsletter right now!

Description - Theory and Measurement by J. Daniel Hammond

Focusing on the period of Milton Friedman's collaboration with Anna J. Schwartz, from 1948 to 1991, this 1996 work examines the history of debates between Friedman and his critics over money's causal role in business cycles. Professor Hammond shows that critics' reactions were grounded in two distinctive features of Friedman and Schwartz's way of doing economic analysis - their National Bureau business cycle methods and Friedman's Marshallian methodology. With the post-war dominance of Cowles Commission methods and Walrasian methodology, Friedman and Schwartz's monetary economics appeared to contemporary critics to be 'measurement without theory'. Drawing extensively upon unpublished materials, Professor Hammond's treatment offers new insights on Milton Friedman's attempts to settle debates with his critics and his eventual recognition of the methodological impediments. The book will interest monetary economists and macroeconomists, as well as historians of economics and methodologists.

Buy Theory and Measurement by J. Daniel Hammond from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780521022644
ISBN-10: 0521022649
Format: Paperback
(228mm x 152mm x 15mm)
Pages: 252
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 10-Nov-2005
Country of Publication: United Kingdom

Other Editions - Theory and Measurement by J. Daniel Hammond

Book Reviews - Theory and Measurement by J. Daniel Hammond

» Have you read this book? We'd like to know what you think about it - write a review about Theory and Measurement book by J. Daniel Hammond and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review


Books By J. Daniel Hammond

Milton Friedman by J. Daniel Hammond
Hardback, June 2016
$213.26
Making Chicago Price Theory by J. Daniel Hammond
Hardback, February 2005
$207.90
Theory and Measurement by J. Daniel Hammond
Hardback, March 1996
$211.50