PUBLICATIONS
Books
The Independent Review
(Quarterly Journal)
Policy Reports
The Lighthouse
(Email Newsletter)
Commentary Articles
News Releases
Audio and Visual Programs
The Independent
(Quarterly Newsletter)
Research Articles
Working Papers
Course Adoption Program




Subscribe



Commentary
Facebook Facebook Facebook Facebook

Contribute
Your participation will advance liberty. Join us as an Independent Institute member.



Contact Us
The Independent Institute
100 Swan Way
Oakland, CA 94621-1428

510-632-1366 Phone
510-568-6040 Fax
Send us email


Interested in working with us?  Click here for more information.

Bookmark and Share    

Ben Bernanke versus Milton Friedman: The Federal Reserve’s Emergence as the U.S. Economy’s Central Planner
By Jeffrey Rogers Hummel
This article appeared in the Spring 2011 issue of The Independent Review


Abstract

Chairman Bernanke agrees with Friedman that the Federal Reserve is largely to blame for the Great Depression, but he draws a different lesson from the central bank’s disastrous mistake. That difference helps explain Bernanke’s eagerness for the Fed to play a larger role in centrally planning the U.S. economy.



Other Independent Review articles by Jeffrey Rogers Hummel
    Spring 2014   The Inevitability of a U.S. Government Default
    Spring 2001   The Will to Be Free: The Role of Ideology in National Defense
    Fall 2000   All on Fire: William Lloyd Garrison and the Abolition of Slavery
[View All (5)]


Volume 15 Number 4
Spring 2011

Subscribe Today

Buy Single Issues

Independent Review Issues

Articles by Subject

Independent Review Articles on Related Subjects




Home | About Us | Blogs | Issues | Newsroom | Multimedia | Events | Publications | Centers | Students | Store | Donate

Product Catalog | RSS | Jobs | Course Adoption | Links | Privacy Policy | Site Map
Facebook Facebook Facebook Facebook
Copyright 2014 The Independent Institute