The Optimum Quantity of Money
and Other Essays.Chicago: Aldine Publishing Company, 1969 Stock Code: 146027
First edition, first printing, of this collection of Friedman's essays that, "though written over the course of two decades, embody a single view of monetary theory and, as a result, reinforce one another" (preface). The collection includes the title essay, "which showed that under some conditions deflation would be optimal because it would encourage the use of cash, which costs almost nothing to produce. This essay became one of the most cited in the field of monetary theory" (ANB).
Octavo. Original blue-green cloth, spine lettered in gilt. With dust jacket.
Spine lightly dulled, else a fine copy, in very good jacket, spine panel sunned, some soiling, very light chips and creases at extremities.
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