One of the mysteries of the English language finally explained.
The theory or practice of controlling the supply of money as the chief method of stabilizing the economy.
- ‘The empirical debates have to do with such topics as monetarism, Keynesianism, inflation, market structure, rational expectations, and efficient institutions.’
- ‘The policy was adopted in the 1980s, in part because extremist monetarism was then fashionable.’
- ‘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.’
- ‘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.’
- ‘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.’
- ‘The speech was aimed directly at the government's extremely austere fiscal stance and its almost fanatical adherence to monetarism.’
- ‘His views were much more subtle then straightforward monetarism, but they are scattered through his writings and not systematically integrated.’
- ‘During the late 1970s and the 1980s, it was replaced as the dominant economic theory by monetarism.’
- ‘Both Milton Friedman's theory of monetarism and the rational expectations school of macroeconomics challenged the effectiveness of activist monetary policy.’
- ‘In fact monetarism proved to be unworkable, because whichever indicator of money supply was used, other forms of money went out of control.’
- ‘Naturally, the question we're supposed to consider is framed in terms of Chicago School economics, the same people who gave us monetarism.’
- ‘In today's world of monetarism, economists often cite a ‘low inflation’ or ‘zero inflation’ policy as the optimum for the United States.’
- ‘That government slashed public spending and introduced monetarism.’
- ‘Milton Friedman, the father of monetarism and free-market economics, sees little prospect of a return to the global deflation of the 1930s.’
- ‘At school I had learned Keynsian theory and now I was being taught monetarism and supply side economics.’
- ‘The shift to monetarism and the rejection of social reformism was not an unforeseen event that hit Labour from outside.’
- ‘The economic theory known as monetarism holds that the money stock exerts an important influence on economic activity and prices.’
- ‘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.’
- ‘The pact and monetarism in general have been designed to weaken workers rights.’
- ‘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.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.