Writing in the June 1965 issue of the "Economic Journal", Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set himself to review: 'The long-awaited "Monetary History of the United States" by Friedman and Schwartz is in every sense of the term a monumental scho[...]
Friedman and Schwartz's "A Monetary History of the United States, 1867-1960", published in 1963, stands as one of the most influential economics books of the twentieth century. A landmark achievement, the book marshalled massive historical data and sharp analytics to support the claim that monetary [...]