Wanda McCaddon
Author
Language
English
Description
Milton Friedman demonstrates through historical events the mischief that can result from misunderstanding the monetary system; how, for example, the work of two obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan, and how Franklin D. Roosevelt's decision to appease a few senators from the American West helped communism triumph in China. He discusses the creation of value, from stones to feathers to gold. He outlines...