• According to Theo Balderston in The World Economy and National Economies in the Interwar Slump, the "international view" is the most important contribution to the literature on the Great Depression in the last 20 years. According to Anna Schwartz, it adds nothing to what was known before. With whom do you agree, and why?
  • When Milton Friedman passed away on November 16th, 2006 it was widely observed that his "Monetary History" (coauthored with Anna Schwartz) was the single most influential book in the general area of monetary- and macro-economics written in the 20th century. Why has this book been so influential?