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Milton Friedman’s Contribution to Present Day Macroeconomic Policy. Postulations and Applicability in Zimbabwe


Essay, 2015

5 Pages


Abstract or Introduction

Milton Friedman is an American economist who is well known in Economics for down-playing the orthodox Keynesian analysis and policy activism during the 1950s and 1960s. His contribution to present day macroeconomic policy is based on monetarism although there are some contributions which he made such as the permanent income hypothesis. This essay serves to discuss the major contribution of Milton Friedman to present day macroeconomic policy, commenting on the empirical applicability of his postulations in Zimbabwe.

Details

Title
Milton Friedman’s Contribution to Present Day Macroeconomic Policy. Postulations and Applicability in Zimbabwe
Course
Macroeconomics and Policy
Author
Year
2015
Pages
5
Catalog Number
V299841
ISBN (eBook)
9783656974796
ISBN (Book)
9783656974802
File size
399 KB
Language
English
Keywords
milton, friedman’s, contribution, present, macroeconomic, policy, postulations, applicability, zimbabwe
Quote paper
Thabani Nyoni (Author), 2015, Milton Friedman’s Contribution to Present Day Macroeconomic Policy. Postulations and Applicability in Zimbabwe, Munich, GRIN Verlag, https://www.grin.com/document/299841

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