Sunday, August 17, 2008

Milton Friedman's Legacy Debated

In case you missed it, here is the Edward Nelson-Anna J. Schwartz (N-S) paper that takes on Paul Krugman's assessment of Milton Friedman. Here is Krugman's response to N-S and, in turn, here is the N-S rejoinder to Krugman. These are gated papers at the Journal of Monetary Economics, but you can find an non-gated version of the N-S paper here.

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