Bernanke vs. Friedman

The latest, revised version of my working paper, "Ben Bernanke Versus Milton Friedman: The Federal Reserve's Emergence as the U.S. Economy's Central Planner," is now available for download. It will appear in the forthcoming Leaning With the Wind: How Monetary and Financial Policies Helped Create the Great Boom and the Great Recession, edited by David Beckworth and published by the Independent Institute.