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monetarism

[ UK /mˈʌnɪtəɹˌɪzəm/ ]
[ US /ˈmɑnətɝˌɪzəm/ ]
NOUN
  1. an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money

How To Use monetarism In A Sentence

  • Both Milton Friedman's theory of monetarism and the rational expectations school of macroeconomics challenged the effectiveness of activist monetary policy.
  • The shift to monetarism and the rejection of social reformism was not an unforeseen event that hit Labour from outside.
  • 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
  • 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
  • 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
  • The pact and monetarism in general have been designed to weaken workers rights.
  • At school I had learned Keynsian theory and now I was being taught monetarism and supply side economics.
  • His views were much more subtle then straightforward monetarism, but they are scattered through his writings and not systematically integrated.
  • 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.
  • The empirical debates have to do with such topics as monetarism, Keynesianism, inflation, market structure, rational expectations, and efficient institutions.
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