As economic activity looks set to slow dramatically in the face of the coronavirus pandemic, attention has turned to what governments and central banks can do to mitigate the worst effects of the downturn. This is a seminal work on the causes of the Great Depression in the United States. Schwartz and Friedman blamed the intensity of the depression on the Federal Reserve. Ben Bernanke credited this work with ensuring the Fed didn’t make the same mistakes in 2008/09.
Books on the Economic Impact of Coronavirus