Rejoinder to Paul Krugman |
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| Authors: | Edward Nelson Anna J. Schwartz |
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| Affiliation: | a Federal Reserve Bank of St. Louis, PO Box 442, St. Louis, MO 63166-0442, USA
b NBER, 365 Fifth Avenue, 5th Floor, New York, NY 10016-4309, USA |
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| Abstract: | We provide a brief rejoinder to Krugman [2008, Response to Nelson and Schwartz. Journal of Monetary Economics 55, this issue] on three issues that are central to his original New York Review of Books article and his reply to our setting the record straight: (i) criticisms of Friedman; (ii) criticisms of monetarism; and (iii) interpretations of history. |
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| Keywords: | Monetarism Great depression |
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