- Episodes in Monetary History
- Narrated by: Nadia May
- Length: 6 hrs and 23 mins
- Unabridged Audiobook
- Release date: 08-16-12
- Language: English
- Publisher: Blackstone Audio, Inc.
Regular price: $20.97
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This accessible work also provides an in-depth discussion on the creation of value: from stones to feathers to gold; the central role of monetary theory and how it can act to ignite or deepen inflation; and what the present monetary system means for both the domestic and global economy.
Customer ReviewsMost Helpful
By James on 01-18-09
This book is not unabridged.
I was disappointed to discover that this well-written and adequately narrated title, listed as "unabridged," has one of its eleven chapters deliberately omitted by the audio producer. The missing chapter, four, explores what might have happened had the U.S. restored both gold and silver as monetary standards during post-war reconstruction in 1873, rather choosing only gold. Earlier and later passages occasionally refer to this missing chapter. More importantly, Friedman's thinking differs from standard wisdom on this issue. An announcement in the recording explains that those wishing to consider the omitted chapter must obtain the printed book and read it for themselves, suggesting that this material is too technical for a general reader. Perhaps Blackstone assumes that advanced readers do not use their products, or that general readers do not know how to skip ahead. Whatever the case, no book should be labeled "unabridged" if it has had a material amount of the author's prose removed.
65 of 65 people found this review helpful
By Mark Oveson on 02-18-05
Lots of that stuff you always wanted to understand
This is a very close look at monetary systems from a surprisingly neutral position. Friedman is 100% apolitical in this analysis of the theory and practice of the phenomenon we call money. You'll no longer take it for granted after reading this book. Does it matter that the U.S. dollar is not tied to a gold exchange rate? What causes inflation? Why do currencies fluctuate in value against one another? These questions are answered in at least as much detail as the average reader will care to know. The book is sometimes repetetive and sometimes simply too deep (or maybe I'm just not quite bright enough to keep up with the author). But I felt it was a worthwhile listen, if for no other reason than I can now talk intelligently to my "gold-bug" brother about the subject of money.
21 of 21 people found this review helpful
Customer ReviewsMost Helpful
By Dawn from Kent on 08-04-18
Interesting book that I'll have to listen to again =) Chapter 4 is missing but it is all mathematical proofs of the gold standard/bi metalism that can be seen if a physical copy is purchased. Im no mathematician so I doubt I would have understood anyway.