Katy's Reviews > Money Mischief: Episodes in Monetary History

Money Mischief by Milton Friedman
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Nov 07, 2009

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bookshelves: economics, history-politics

This was tough going. Since I don't have an economics background, the detailed explanation of bi-metalism and national economic policy was very difficult for me. The last few chapters on the causes of inflation were quite enlightening. Surprisingly, Friedman uses a quote from John Maynard Keynes, who advised FDR during the Great Depression as a chapter heading: "There is no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." Rather provocative...
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Reading Progress

November 7, 2009 – Shelved
November 7, 2009 – Shelved as: economics
Started Reading
January 20, 2010 – Shelved as: history-politics
January 20, 2010 – Finished Reading

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