A Program for Monetary Stability: Millar Lectures, No. 3

A Program for Monetary Stability is a book that contains the third set of Millar Lectures delivered by the renowned economist Milton Friedman. The book is a comprehensive analysis of the monetary system and the role of government in its regulation. Friedman argues that government intervention in the monetary system has been the cause of instability and inflation in the economy. He proposes a program for monetary stability that would involve the establishment of a fixed rate of growth for the money supply, which would be determined by the market rather than the government. The book also discusses the benefits of a free market economy and the dangers of government intervention in the economy. Overall, A Program for Monetary Stability is a seminal work in the field of economics and provides a clear and concise argument for the importance of monetary stability in promoting economic growth and prosperity.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

"Milton Friedman" is a senior research fellow at the Hoover Institution of Stanford University. Before that, he was Paul Snowden Russell Distinguished Service Professor of Economics at the University of Chicago. He has also taught at Columbia University, the University of Wisconsin, the University of Minnesota, and Cambridge University. Among his many books are "Essays in Positive Economics, A Program for Monetary Stability, Capitalism and Freedom, A Monetary History of the United States", and "The Optimum Quantity of Money".