Money Mischief: Episodes in Monetary History

Written by Milton Friedman

Narrated by Nadia May

Length

6h 23m

Rating

4.0 (456 ratings)

What kind of mischief can result from misunderstanding the monetary system? The work of 2 obscure Scottish chemists destroyed the presidential prospects of William Jennings Bryan, as well as Franklin D. Roosevelt's decision to appease a few senators from the American West who helped communism triumph in China, are just 2 such mishaps cited in this important work by Nobel Prize-winning economist Milton Friedman. This accessible work also provides an in-depth discussion on the creation of value: from stones to feathers to gold; the central role of monetary theory and how it can act to ignite or deepen inflation; and what the present monetary system means for both the domestic and global economy.