How To Use Monetarism In A Sentence
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If monetarism is adopted as the basis for policy, the authorities must reduce the endogenous element to a minimum.
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Milton Friedman, the father of monetarism and free-market economics, sees little prospect of a return to the global deflation of the 1930s.
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The prevailing philosophy is called monetarism, and it's based on the raising and lowering of interest rates.
Dissident Voice
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Variations of this position are found in monetarism, public choice theory, and the belief of some new classical economists that involuntary unemployment does not exist.
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The experiment with monetarism is now complete; the results are clear and not seriously subject to dispute.
Economic Policy and the Liberal Left
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During the late 1970s and the 1980s, it was replaced as the dominant economic theory by monetarism.
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In today's world of monetarism, economists often cite a ‘low inflation’ or ‘zero inflation’ policy as the optimum for the United States.
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The modern version of monetarism argues that if foreign central banks were committed to price stability, then a worldwide concerted assault on inflation would be successful.
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The speech was aimed directly at the government's extremely austere fiscal stance and its almost fanatical adherence to monetarism.
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Over the past two decades, however, Canadians have also been prone to buy into the merits of monetarism, lower levels of taxation and balanced budgets.
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I mean, it's what I call monetarism for the poor and Keynesianism for the rich.
Democracy Now!
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Sure, Friedman’s strict monetarism is out of favor.
Capturing the Friedman
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Naturally, the question we're supposed to consider is framed in terms of Chicago School economics, the same people who gave us monetarism.
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Similarly, central banks adopted monetarism with a fervor in the late 1970s and early 1980s, just as empirical evidence discrediting the underlying theories was mounting.
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But what they overlook is that macho monetarism only works to stimulate demand, investment and jobs under certain conditions? and early post-recession Britain doesn't fit the bill.
Construction gives UK economic recovery an unstable foundation
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In fact monetarism proved to be unworkable, because whichever indicator of money supply was used, other forms of money went out of control.
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If monetarism is adopted as the basis for policy, the authorities must reduce the endogenous element to a minimum.
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Both Milton Friedman's theory of monetarism and the rational expectations school of macroeconomics challenged the effectiveness of activist monetary policy.
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If monetarism is adopted as the basis for policy, the authorities must reduce the endogenous element to a minimum.
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The economic theory known as monetarism holds that the money stock exerts an important influence on economic activity and prices.
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This aspect of the Chicago approach, and its later variants, became known as monetarism.
The Commanding Heights
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The policy was adopted in the 1980s, in part because monetarism was then fashionable.
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That government slashed public spending and introduced monetarism.
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There does seem to be an impression around that a few years ago some of us in the Bank of Canada were struck down on the road to inflation by a blinding light -- the word "blinding" is sometimes emphasized -- and experienced a sudden conversion to a new farout religion called monetarism.
Current Questions About Banking
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The empirical debates have to do with such topics as monetarism, Keynesianism, inflation, market structure, rational expectations, and efficient institutions.
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We've seen the effect of monetarism as a policy, over the past 35 years, on the conditions of life in the United States, in Western Europe, South and Central America, and so forth.
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His views were much more subtle then straightforward monetarism, but they are scattered through his writings and not systematically integrated.
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At school I had learned Keynsian theory and now I was being taught monetarism and supply side economics.
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The pact and monetarism in general have been designed to weaken workers rights.
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This began to change in the 1970s as stagflation made many conservative economic ideas, such as monetarism, more academically respectable.
The End Of The Think Tank
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This holds, by analogy to physiological process, that once inflation has been extruded from the economic system by a sufficiently painful application of monetarism - the economic and oral equivalent of a major dose of castor oil or epsom salts - it is gone for good.
Economic Policy and the Liberal Left
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This pathological habit, known as monetarism, was already this form of monetarist imperialism, which prompted the initial, 1763 break of the patriots of English-speaking North America from the rapine associated with Lord Shelburne's British East India Company.
LaRouche's Latest
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The shift to monetarism and the rejection of social reformism was not an unforeseen event that hit Labour from outside.