Abstract
It was a great pleasure to be honoured with being the first of the Harold Wincott lecturers, partly because economics owes so much to the work that has been done on this island. Coming back to Britain, as I am fortunate enough to be able to do from time to time, always means coming back to a warm circle of friends or friendly enemies.
I chose this title because I once used it for a talk at the London School of Economics. At that time, I was predicting. Now, I am reporting.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
Notes
Milton Friedman, ‘The Role of Monetary Policy’, Presidential Address to the American Economic Association, 29 December, 1967: American Economic Review, March 1968 (reprinted in The Optimum Quantity of Money and Other Essays, Aldine Publishing, New York, 1969, pp. 95–110 — quotation from p.99)
Editor information
Editors and Affiliations
Copyright information
© 1996 The Wincott Foundation
About this chapter
Cite this chapter
Friedman, M. (1996). The Counter-Revolution in Monetary Theory. In: Wood, G.E. (eds) Explorations in Economic Liberalism. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24967-1_1
Download citation
DOI: https://doi.org/10.1007/978-1-349-24967-1_1
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-24969-5
Online ISBN: 978-1-349-24967-1
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)