Friedman’s presidential address in the evolution of macroeconomic thought

Ricardo Reis and N. Gregory Mankiw

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This essay discusses the role of Milton Friedman’s presidential address to the American Economic Association, which was given a half century ago and helped set the stage for modern macroeconomics. We discuss where macroeconomics was before the address, what insights Friedman offered, where researchers and central bankers stand today on these issues, and (most speculatively) where we may be heading in the future.

JEL-codes: B22 B31 E00 E52 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2018-01-01
New Economics Papers: this item is included in nep-his and nep-hpe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (31)

Published in Journal of Economic Perspectives, 1, January, 2018, 32(1), pp. 81 - 96. ISSN: 0895-3309

Downloads: (external link)
http://eprints.lse.ac.uk/85664/ Open access version. (application/pdf)

Related works:
Journal Article: Friedman's Presidential Address in the Evolution of Macroeconomic Thought (2018)
Working Paper: Friedman’s Presidential Address in the Evolution of Macroeconomic Thought (2017)
Working Paper: Friedman's presidential address in the evolution of macroeconomic thought (2017)
Working Paper: Friedman's Presidential Address in the Evolution of Macroeconomic Thought (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:85664

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().