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Article
Ben Bernanke versus Milton Friedman: The Federal Reserve’s Emergence as the U.S. Economy’s Central Planner
Independent Review (2011)
  • JEFFREY ROGERS HUMMEL, San Jose State University
Abstract

Chairman Bernanke agrees with Friedman that the Federal Reserve is largely to blame for the Great Depression, but he draws a different lesson from the central bank’s disastrous mistake. That difference helps explain Bernanke’s eagerness for the Fed to play a larger role in centrally planning the U.S. economy.

Keywords
  • Ben Bernanke,
  • Milton Friedman,
  • Federal Reserve,
  • Economy,
  • Central Planner
Publication Date
Spring 2011
Publisher Statement
SJSU users: use the following link to login and access the article via SJSU databases
Citation Information
JEFFREY ROGERS HUMMEL. "Ben Bernanke versus Milton Friedman: The Federal Reserve’s Emergence as the U.S. Economy’s Central Planner" Independent Review Vol. 15 (2011)
Available at: http://works.bepress.com/jeffrey_hummel/3/