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| | Monetarism - Wikipedia, the free encyclopedia |
 | | Though monetarism is commonly associated with conservative economics and economists, not all conservatives are monetarists, and not all monetarists are conservatives. | | | Monetarism re-asserted itself in central bank policy in western governments at the end of the 1980s and beginning of the 1990s, a contraction in spending and in the money supply bringing to an abrupt end the boom that had been experienced in the US and UK. | | | Joseph Stiglitz has argued that the relationship between inflation and money supply growth is weak for ordinary inflation, as opposed to hyperinflation (meaning perhaps more than 10% year-over-year) which is almost universally regarded as an effect of government spending at a time when output growth can not absorb it (See inflation by government spending). |
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http://en.wikipedia.org/wiki/Monetarism
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| | monetarism - Hutchinson encyclopedia article about monetarism |
| | Policies that promote monetarism may include deregulation (the reduction of government control over business activity) and privatization (the selling of public assets to private industry). | | | Cutting government spending is advised, and the long-term aim is to return as much of the economy as possible to the private sector, which is said to be in the interests of efficiency. | | | Central banks (in the USA, the Federal Reserve Bank) use the discount rate and other tools to restrict or expand the supply of money to the economy. |
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http://encyclopedia.farlex.com/monetarism
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| | Monetarism, by Allan H. Meltzer: The Concise Encyclopedia of Economics: Library of Economics and Liberty |
| | They hoped to use changes in money, credit, and interest rates to fine-tune the economy. | | | Some monetarists may have encouraged this behavior by making short-term forecasts (that often proved wide of the mark) and by overstating what monetarism could deliver. | | | Although monetarism is as alive and well as ever, considerable skepticism and contrary opinions can be found. |
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http://www.econlib.org/library/Enc/Monetarism.html
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| | M1: "A Drifter" |
| | The M1 is up and down by increasing billions. | | | The monetarist theory is expressed by the equation, MV=PQ, with M (money supply) multiplied by V (velocity of money turnover) equaling P (price) multiplied by Q (quantity of goods and services). | | | The importance of the volume of money in circulation is central to the economic theory of monetarism, whose leading exponent was Milton Friedman. |
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http://www.paripoorana.com/~bigred/M1Drift.html
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