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“Analysis predating [Milton] Friedman's gave a different answer to question of the Fed's policy errors [during the Great Depression] and new scholarship is validating the old wisdom. It now appears that Friedman will be merely an interlude between the sounder analysis of economists contemporary to the Great Depression and those who have rediscovered their insights. --Jeff Herbener”
― The Fed at One Hundred: A Critical View on the Federal Reserve System
― The Fed at One Hundred: A Critical View on the Federal Reserve System
