Theory and measurement : causality issues in Milton Friedman's monetary economics / J. Daniel Hammond.
Imprint
Cambridge : Cambridge University Press, c2005
Descript
x, 238 p. : ill. ; 24 cm
CONTENT
Theory and measurement at the national bureau -- Origins of Friedman's Marshallian methodology -- Origins of the monetary project -- Critiques from within the national bureau -- Post Hoc Ergo Propter Hoc -- Reactions to the monetary history -- Friedman and his critics on the theoretical framework -- The Great Depression -- Measurement without measurement: Hendry and Ericsson's critique