The resurrection of Irvin Fisher by Milton Friedman and Anna Schwartz

Austrian economists do not agree with Milton Friedman’s positions on the causes of the “Great Depression” nor his much of his monetary positions—Inflation [creation of currency out of thin air—at 2% per year].  Richard Duke

“Fisher’s personal ideological proclivities were all over the political map and sometimes changed as circumstances did, especially after the Great Depression suggested empirical difficulties with his quantity-theory approach—an approach that Milton Friedman and Anna Schwartz resurrected in 1963 and argued had been true all along.”