MILTON FRIEDMAN: We have to distinguish what we mean when we talk about the Great Depression. What you had was that in 1929 the United States was in a boom. It hit a relative high point.

As Wesbury and Stein put it, Milton Friedman set the record straight about the Great Depression. In his book, “A Monetary History of the United States,” he proved that the Fed created the ...

The Great Depression was the deepest and longest economic ... according to monetarists such as Milton Friedman and acknowledged by former Federal Reserve Chair Ben Bernanke. The Fed was created ...

It had been thirty-nine years since Friedman published “A Monetary History of the United States,” his blockbuster account of how the Fed’s missteps caused the Great Depression, and twenty ...

Milton Friedman and Anna Schwartz, in their famous work, A Monetary History of the United States 1867-1960, showed just how the blame for the Great Depression can be laid at the doorstep of the Fed.

Friedman and Schwartz blamed these sporadic interest rate hikes for smothering incipient recoveries, opening a vortex of deflation, and transforming a recession into the Great Depression.

Milton Friedman’s free-market advocacy was validated ... that finally ended the Great Depression. That’s what should be, but isn’t, in every history book. - Stephen Moore is chief economist ...

We're very sorry. But thanks to you, we won't do it again," Bernanke said in an address during Friedman's 90th birthday. Federal Reserve's mistakes during the Great Depression contributed to the ...

Friedman’s voice-over reminds us that inequality ... he arrived just in time for the Great Depression. Economics as a discipline was then in the throes of a transformation.