engaging in discretionary monetary policy. Monetarism is commonly associated with neoliberalism. Monetarism is mainly associated with the work of Milton...
23 KB (2,511 words) - 15:16, 2 September 2024
Market monetarism is a school of macroeconomics that advocates that central banks use a nominal GDP level target instead of inflation, unemployment, or...
24 KB (2,698 words) - 16:51, 1 September 2024
government of the 1980s led by Margaret Thatcher initiated a radical policy of monetarism, deregulation, particularly of the financial sector (for example, the...
353 KB (30,695 words) - 02:05, 9 September 2024
Neoliberalism (section Monetarism)
privatization, deregulation, consumer choice, globalization, free trade, monetarism, austerity, and reductions in government spending. These policies are...
279 KB (29,036 words) - 13:57, 8 September 2024
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...
13 KB (1,674 words) - 13:12, 23 September 2023
Economics (section Monetarism)
dominant economic view of the Soviet Union nomenklatura and its allies. Monetarism appeared in the 1950s and 1960s, its intellectual leader being Milton...
175 KB (17,844 words) - 17:46, 4 September 2024
Scott Sumner (section Market monetarism)
shocks and New Deal wage policies. A school of economics known as market monetarism has coalesced around Sumner's views; The Daily Telegraph international...
37 KB (3,036 words) - 20:14, 28 August 2024
Macroeconomics (section Monetarism)
unemployment and high inflation, Friedman and Phelps were vindicated. Monetarism was particularly influential in the early 1980s, but fell out of favor...
57 KB (6,824 words) - 07:18, 30 July 2024
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...
158 KB (16,219 words) - 05:34, 6 September 2024
this sense is contrasted with monetarism, which is associated with reliance on monetary policy. Fiscalists reject monetarism in a non-convertible floating...
8 KB (977 words) - 14:43, 2 September 2024