Definitions for monetarism
ˈmɒn ɪ təˌrɪz əm, ˈmʌn-mon·e·tarism

Princeton's WordNetRate this definition:0.0 / 0 votes

1. monetarismnoun

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

GCIDERate this definition:0.0 / 0 votes

1. monetarismnoun

   An economic theory holding that the rate of growth of the money supply is the priunciple cause of changes in inflation, economic growth, and unemployment.

WiktionaryRate this definition:0.0 / 0 votes

1. monetarismnoun

   The doctrine that economic systems are controlled by variations in the supply of money

2. monetarismnoun

   The political doctrine that a nation's economy can be controlled by regulating the money supply

3. Etymology: From monetary, from Latin monetarius, from monēta

WikipediaRate this definition:0.0 / 0 votes

1. Monetarism

   Monetarism is a school of thought in monetary economics that emphasizes the role of governments in controlling the amount of money in circulation. Monetarist theory asserts that variations in the money supply have major influences on national output in the short run and on price levels over longer periods. Monetarists assert that the objectives of monetary policy are best met by targeting the growth rate of the money supply rather than by engaging in discretionary monetary policy. Monetarism is commonly associated with neoliberalism.Monetarism today is mainly associated with the work of Milton Friedman, who was among the generation of economists to reject Keynesian economics and criticise Keynes's theory of fighting economic downturns using fiscal policy (government spending). Friedman and Anna Schwartz wrote an influential book, A Monetary History of the United States, 1867–1960, and argued "inflation is always and everywhere a monetary phenomenon".Though he opposed the existence of the Federal Reserve, Friedman advocated, given its existence, a central bank policy aimed at keeping the growth of the money supply at a rate commensurate with the growth in productivity and demand for goods.

ChatGPTRate this definition:0.0 / 0 votes

1. monetarism

   Monetarism is an economic theory which emphasizes the role of governments in controlling the amount of money in circulation. It argues that variations in the money supply have major influences on national output in the short run and on price levels over longer periods. Monetarists assert that objectives of monetary policy are best met by targeting the growth rate of the money supply rather than by engaging in discretionary monetary policy. Monetarism was developed particularly by Milton Friedman and has been widely adopted by mainstream economists and central banks worldwide.

WikidataRate this definition:0.0 / 0 votes

1. Monetarism

   Monetarism is a school of economic thought that emphasizes the role of governments in controlling the amount of money in circulation. It is the view within monetary economics that variation in the money supply has major influences on national output in the short run and the price level over longer periods and that objectives of monetary policy are best met by targeting the growth rate of the money supply. Monetarism today is mainly associated with the work of Milton Friedman, who was among the generation of economists to accept Keynesian economics and then criticize Keynes' theory of gluts based on a policy of government intervention. Friedman and Anna Schwartz wrote an influential book, A Monetary History of the United States, 1867-1960, and argued that "inflation is always and everywhere a monetary phenomenon." Though he opposed the existence of the Federal Reserve, Friedman advocated, given its existence, a central bank policy aimed at keeping the supply and demand for money at equilibrium, as measured by growth in productivity and demand.

Matched Categories

1. • Economic Theory

How to pronounce monetarism?

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How to say monetarism in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of monetarism in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of monetarism in Pythagorean Numerology is: 1

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References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=monetarism
2. ^ GCIDE
   https://gcide.gnu.org.ua/?q=monetarism
3. ^ Wiktionary
   https://en.wiktionary.org/wiki/Monetarism
4. ^ Wikipedia
   https://en.wikipedia.org/wiki/Monetarism
5. ^ ChatGPT
   https://chat.openai.com
6. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=monetarism