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

Macat, 2015
Level: beginner
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.


This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.).  It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.