BY: Megan Mendoza & Annette Flores
Monographs, book, T.V. programs, videos, and lectures. He covered a range of topic of macroeconomics and microeconomics, economic history and public policy issues.
Quantity Theory of Money:
-Reviving interest in supply as determinant of nominal of input
- Received 1976 Nobel Memorial Prize in Economic Sciences for research on consumption analysis, monetary history and theory, and complexity of stabilization policy
- Said that there was a close and stale association between inflation and money supply
-Believed that inflation could be avoided with proper regulation of monetary base's growth rate
-Economic freedom make and spend one's income as one sees fit so long as one does not restrict one's freedom