An Introduction to Milton Friedman's The Role of Monetary Policy- A Macat Economics Analysis

Level: beginner
Macat, 2015

Perspectives: Neoclassical Economics, Other
Topic: macroeconomics
Format: Short Film, Duration: 00:03:10

The video gives a short insight into Milton Friedman's article „The Role of Monetary Policy“ (1968) stating that monetary policy does not have long-term effects on growth and employment but rather lead to higher inflation due to adapting expectations.