Money Mischief: Episodes in Monetary History,   ISBN:9780156619301

Customer Rating: 

This book from Milton Friedman is the first one I read from him, although I've watched a lot of videos at youtube and other online channels with him. The monetary things are explained in his simple and clear style and while reading I get insights about things that were very messed up in my head before that. Highly recommend for general understanding of the problems of today's society like inflation, goverment regulations and policies and money. There are also some description of how the FED and the other central banks function, as well as general explanation of what money are. There are 2-3 chapters that are targeted at more experienced economists with some math formulas and statistics but in general the book is not scientific and is contributing to each mind that reads it.

Customer Rating: 

Dry reading but very informative. Makes me feel like I am back in college, minus the fraternity parties. Given the current political climate, we all need to become students of capitalism so that we can defend it against all the socialist nonsense that surrounds us.

Customer Rating: 

Though the book is rather technical in a number of places, I would have to say that Milton Friedman uses history extremely well in showing what can happen when governments take full control of economic matters. And by not knowing her history, America is once again repeating its mistakes.

Customer Rating: 

Since the passing of Milton Friedman, I have worried that his pro-Capitalistic rhetoric and all he was able to achieve would melt away. Of course, it is too soon to be able to understand whether this will happen or not. To continue my education from the great Milton Friedman, I read "Money Mischief: Episodes in Monetary History" by him.

For those of you who wish that they took a class in macroeconomics in college or maybe are just interested in money this is a must read. For all others, they may find it hard to get through.

Friedman does a great job of covering topics like the Gold Standard, the Silver Standard/movement, bimetallism, the change to a fiat currency, pegging currencies, and inflation. When I studied macroeconomics, I felt like much of my education in money was incomplete. This book completed it. This book can get overly technical for the non-economist at times but learning about monetary systems is technical within itself.

I highly recommend this book and the continuing education of what Dr. Friedman has done for the current state of economic policy in the world. The one topic that Friedman covers that I think is important is the Silver movement. Most people learn about this movement in high school and the Wizard of Oz is based off of it.

My absolute favorite quote from the book was,

"As a result, the U.S. silver purchase program must be regarded as having contributed, if perhaps only modestly, to the success of the communist revolution in China."

Customer Rating: 

The service was excellent; I was disappointed in the contents of the book. I expected from write ups I'd read)it would contain more info regarding the irresponsible spending of our federal gov't. and the actions of the Fed. Reserve and how their actions will likely destroy the middle class, etc.

Again, the 'dealer' service was five star!

Kathleen Baker