-
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...
- and
contributed to the rise of
alternative economic theories,
including monetarism and supply-side economics. The term, a
portmanteau of
stagnation and inflation...
- choice,
labor market flexibilization,
economic globalization, free trade,
monetarism, austerity, and
reductions in
government spending.
These policies are...
- back the state".
Thatcherism is ****ociated with the
economic theory of
monetarism,
notably put
forward by
Friedrich Hayek's The
Constitution of Liberty...
-
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...
-
government of the 1980s led by
Margaret Thatcher initiated a
radical policy of
monetarism, deregulation,
particularly of the
financial sector (for example, the...
-
eventually labeled monetarism.
Generally monetarism is the idea that the
supply of
money matters for the macroeconomy. When
monetarism emerged in the 1950s...
-
unemployment and high inflation,
Friedman and
Phelps were vindicated.
Monetarism was
particularly influential in the
early 1980s, but fell out of favor...
- school.
Chicago macroeconomic theory rejected Keynesianism in
favor of
monetarism until the mid-1970s, when it
turned to new
classical macroeconomics heavily...
