monetarism

Noun

Meaning

an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money

Source: WordNet

Synonyms

conservatism fiscal policy libertarianism deregulation Thatcherism monetarist classical liberalism Keynesian economics quantity theory of money economic liberalism supply-side economics laissez-faire capitalism rational expectations theory central bank independence inflation targeting
Show all synonyms

Hypernyms

economic theory

Phrases with the word

market monetarism

Examples

More and more communists are coming to realize that socialism without democracy is no socialism at all. ... I believe that the next decade will see the growth in democratic socialism against the ideas of monetarism and corporation. Tony Benn

Monetarism is dead and the alien doctrines of Friedman and Hayek remain only to be buried. Edward Heath

It is credit that matters, not money (in other words, monetarism is a false ideology). George Soros

Gore Vidal, the American writer, once described the American economic system as 'free enterprise for the poor and socialism for the rich'. Macroeconomic policy on the global scale is a bit like that. It is Keynesianism for the rich countries and monetarism for the poor. Ha-Joon Chang

Keynesianism for the rich countries and monetarism for the poor. Ha-Joon Chang

In 1992 Alan Blinder wrote about a "Keynesian Restoration", as work based on Keynes's ideas had to some extent become fashionable once again in academia, though in the mainstream it was highly synthesised with monetarism and other neoclassical thinking. Source: Internet

Close letter words and terms

monetarisation monetarise monetarised monetarist monetaristic monetarization