The Changing Roles of Debt and Equity in Financing U.S. Capital Formation

by Benjamin M. Friedman (Editor)

Changing Roles of Debt and Equity in Financing U.S. Capital Formation (A National Bureau of Economic Research Monograph)

115 pages, Paperback

First published May 1, 1982

About the author

Benjamin Morton Friedman (born 1944) is a leading American political economist. Friedman is the William Joseph Maier Professor of Political Economy at Harvard University. He is a member of the Council on Foreign Relations, the Brookings Institute's Panel on Economic Activity, and the editorial board of the Encyclopædia Britannica.

Friedman received his A.B., A.M., and Ph.D. degrees, all in economics, from Harvard University. He also received an M.Sc. in economics and politics from King's College, Cambridge where he was a Marshall Scholar. He has been on the Harvard faculty since 1972. Currently Friedman is a member of the Committee on Capital Markets Regulation.