Monetarism

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• The monetarist program

  Monetarism: "Money matters" - arguments against government intervention.

• chairman of the Federal Reserve Board

  Currently the American Federal Reserve follows a modified form of monetarism, where broader ranges of intervention are possible in light of temporary instabilities in market dynamics.

• Policy activism

  Questions related to monetarism and stabilization policy

• John Maynard Keynes

  This dilemma led to the rise of ideas based upon more classical analysis, including monetarism, supply-side economics and new classical economics. Recently, Keynes principles have picked up momentum again.

• Experiences of The Great Depression

  Chapters 12 Classical and Keynesian Theories of Employment and Chapter 20 Alternative Views: Monetarism and Rational Expectations Tenth Edition McGraw Hill The solution to how the Great Depression and World War II affected spending after the war in

• Keynesian theory, supply side economics and monetary policy

  the article is listed below: While Keynes revolutionized economic thinking in the 1930s, his theories were subsequently eclipsed by new ideas such as monetarism and supply- side.

• rate of money growth

  This is cyclical however, and monetarists argue still makes monetarism valid in the long run. Some believe however that the way we use money has changed and this is a long-term shift in v.

• Modern economics - short answer

  The founder of monetarism was Milton Friedman, and the founder of Keynesian was John Maynard Keynes.

• Thinking like a Macro-Economist

  Monetarists, on the other hand, follow Milton Friedman, the Nobel Prize winning economist who opposed government actions and emphasized the role of money in the economy, thus the name "monetarism".