This was graphically displayed by her worship of the monetarist
, free-market ideology of Milton Friedman who advised the murderous dictatorship of Chile's Pinochet.
It is difficult enough in many cases to obtain required work without the added disruption caused by these "selfish" monetarist
theory, for instance, might offer a similar explanation.
The economics department had a reputation at that time for being not quite monetarist
but very free market and the politics department - I hope didn't have a reputation for political bias at all - but apart from me most of the department were supporters of the Labour party but not that left-wing.
The Italian head of the ECB, Mario Draghi, has just departed from the bank's previous monetarist
orthodoxy by issuing a near-three-trillion-dollar quantitative easing package, to general outrage in Germany.
This is the reason Piketty captures the spirit of our times (the zeitgeist in German), as Keynes caught it during the New Deal, Hayek during the monetarist
revolution, Stieglitz during the emerging markets crises of global capital flows in the 1990s.
This undergraduate textbook links theory to real world historical, institutional, political, and social factors while still introducing the classical, Keynesian, monetarist
, classical-Keynesian synthesis, new classical, and post-Keynesian approaches to macroeconomics.
The reality of monetary targeting was much different from monetarist
The rise of the Market Monetarist
School and their policy recommendation that the central bank target the level of nominal GDP draws support from, amongst other sources, the literature on monetary equilibrium theory.
This is something that would bother a New Monetarist
Comments on a monetarist
approach to demand management.
Volcker implemented the most monetarist
policies in memory.