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I have the book Anarchy and the Law (edited by Stringham) which has an excerpt from Friedman's book. It is indeed an excellent excerpt, so the book is probably good as a whole too. Friedman does take the argument from a utilitarian perspective, but so does Rothbard, to an extent. Rothbard often shows...
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In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
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[quote user="Goldenboy219"] Isnt the increase of the money supply necessary to achieve price stability? Just so that it doesnt encompass actual gdp growth. [/quote] So say the monetarists. Within the Chicago School of Economics, the money supply growth should not surpass (not encompass) real...