The Demand for Money: Some Theoretical and Empirical Results (1959)

""The Demand for Money: Some Theoretical and Empirical Results"" is a seminal work by Nobel Prize-winning economist Milton Friedman, first published in 1959. The book explores the concept of the demand for money and its implications for monetary policy. Friedman argues that individuals hold money as a means of transaction and precautionary purposes, and that the demand for money is influenced by a variety of economic factors, such as income, interest rates, and inflation. He also examines the role of monetary policy in influencing the demand for money and its impact on the economy. The book presents both theoretical and empirical evidence to support Friedman's arguments, making it a valuable resource for economists, policymakers, and anyone interested in understanding the workings of the modern economy.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.