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The Rhetoric Of Friedman'S Quantity Theory Manifesto

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  • Thomas Mayer

Abstract

In 1956 when Friedman published his "The Quantity Theory of Money: A Restatement" he faced a daunting task because of the widespread hostility to the quantity theory. This paper looks at the rhetoric (in the non-pejorative sense of the term) that he used to overcome this obstacle, and at some of the characteristics of the essay that contribute to its persuasiveness.

Suggested Citation

  • Thomas Mayer, "undated". "The Rhetoric Of Friedman'S Quantity Theory Manifesto," Department of Economics 97-01, California Davis - Department of Economics.
    • Handle: RePEc:fth:caldec:97-01
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    File URL: http://www.econ.ucdavis.edu/working_papers/97-1.pdf
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    Cited by:

    1. Ana Maria Bianchi & Cleofas Salviano, 1999. "Raúl Prebisch and the beginnings of the Latin American school of economics: a rhetorical perspective," Journal of Economic Methodology, Taylor & Francis Journals, vol. 6(3), pages 423-438.

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