-
engaging in
discretionary monetary policy.
Monetarism is
commonly ****ociated with neoliberalism.
Monetarism is
mainly ****ociated with the work of Milton...
-
Market monetarism is a
school of
macroeconomics that
advocates that
central banks use a
nominal GDP
level target instead of inflation, unemployment, or...
-
government of the 1980s led by
Margaret Thatcher initiated a
radical policy of
monetarism, deregulation,
particularly of the
financial sector (for example, the...
- The
natural rate of
unemployment is the name that was
given to a key
concept in the
study of
economic activity.
Milton Friedman and
Edmund Phelps, tackling...
- deregulation, depoliticisation,
consumer choice, globalization, free trade,
monetarism, austerity, and
reductions in
government spending.
These policies are...
-
unemployment and high inflation,
Friedman and
Phelps were vindicated.
Monetarism was
particularly influential in the
early 1980s, but fell out of favor...
- and
contributed to the rise of
alternative economic theories,
including monetarism and supply-side economics. The term, a
portmanteau of
stagnation and inflation...
-
shocks and New Deal wage policies. A
school of
economics known as
market monetarism has
coalesced around Sumner's views; The
Daily Telegraph international...
-
dominant economic view of the
Soviet Union nomenklatura and its allies.
Monetarism appeared in the 1950s and 1960s, its
intellectual leader being Milton...
-
faculty at the
University of
Chicago that
rejected Keynesianism in
favor of
monetarism until the mid-1970s, when it
turned to new
classical macroeconomics heavily...