Monetarism

Examples of Monetarism in the following topics:

• Monetarist

  • Monetarism focuses on the macroeconomic effects of the supply of money and the role of central banking on an economic system.
  • In the rise of monetarism as an ideology, two specific economists were critical contributors.
  • Clark Warburton, in 1945, has been identified as the first thinker to draft an empirically sound argument in favor of monetarism.
  • As these counter arguments in the 1980s began to arise, critics of monetarism became more mainstream.
  • Of the current monetarism critics, the Austrian school of thought is likely the most well-known.

• Arguments For and Against Inflation Targeting Policy Interventions

  • Adherents of market monetarism, for example, argue that targeting a nominal national income (nominal GDP) would be more effective than targeting inflation.