Definition of monetarism in English:

monetarism

Translate monetarism into Spanish

noun

  • The theory or practice of controlling the supply of money as the chief method of stabilizing the economy.

    ‘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.’
    • ‘In today's world of monetarism, economists often cite a ‘low inflation’ or ‘zero inflation’ policy as the optimum for the United States.’
    • ‘Milton Friedman, the father of monetarism and free-market economics, sees little prospect of a return to the global deflation of the 1930s.’
    • ‘During the late 1970s and the 1980s, it was replaced as the dominant economic theory by monetarism.’
    • ‘Variations of this position are found in monetarism, public choice theory, and the belief of some new classical economists that involuntary unemployment does not exist.’
    • ‘The empirical debates have to do with such topics as monetarism, Keynesianism, inflation, market structure, rational expectations, and efficient institutions.’
    • ‘The modern version of monetarism argues that if foreign central banks were committed to price stability, then a worldwide concerted assault on inflation would be successful.’
    • ‘His views were much more subtle then straightforward monetarism, but they are scattered through his writings and not systematically integrated.’
    • ‘In fact monetarism proved to be unworkable, because whichever indicator of money supply was used, other forms of money went out of control.’
    • ‘Over the past two decades, however, Canadians have also been prone to buy into the merits of monetarism, lower levels of taxation and balanced budgets.’
    • ‘Naturally, the question we're supposed to consider is framed in terms of Chicago School economics, the same people who gave us monetarism.’
    • ‘We've seen the effect of monetarism as a policy, over the past 35 years, on the conditions of life in the United States, in Western Europe, South and Central America, and so forth.’
    • ‘Similarly, central banks adopted monetarism with a fervor in the late 1970s and early 1980s, just as empirical evidence discrediting the underlying theories was mounting.’
    • ‘The speech was aimed directly at the government's extremely austere fiscal stance and its almost fanatical adherence to monetarism.’
    • ‘The policy was adopted in the 1980s, in part because monetarism was then fashionable.’
    • ‘The shift to monetarism and the rejection of social reformism was not an unforeseen event that hit Labour from outside.’
    • ‘That government slashed public spending and introduced monetarism.’
    • ‘The pact and monetarism in general have been designed to weaken workers rights.’

Pronunciation

monetarism

/ˈmänədəˌriz(ə)m/ /ˈmɑnədəˌrɪz(ə)m/