Definition of monetarism in English:

monetarism

Line breaks: mon¦et¦ar|ism
Pronunciation: /ˈmʌnɪt(ə)rɪz(ə)m
 
/

noun

[mass noun]
  • The theory or practice of controlling the supply of money as the chief method of stabilizing the economy.
    More example sentences
    • The economic theory known as monetarism holds that the money stock exerts an important influence on economic activity and prices.
    • Both Milton Friedman's theory of monetarism and the rational expectations school of macroeconomics challenged the effectiveness of activist monetary policy.
    • At school I had learned Keynsian theory and now I was being taught monetarism and supply side economics.

Derivatives

monetarist

noun & adjective
More example sentences
  • In particular, the leading schools have been the conservative Keynesians, the Milton Friedman monetarists, and the supply-siders.
  • Over many recent decades, both Keynesians and monetarists have generally at one time or another favored both fixed and flexible exchange rate regimes.
  • The monetarists are hopelessly hamstrung by their fixation on narrow money.

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