monetarism

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mon·e·ta·rism

(mŏn′ĭ-tə-rĭz′əm, mŭn′-)

1. A theory holding that economic variations within a given system, such as changing rates of inflation, are most often caused by increases or decreases in the money supply.

2. A policy that seeks to regulate an economy by altering the domestic money supply, especially by increasing it in a moderate but steady manner.

mon′e·ta·rist adj. & n.

monetarism

(ˈmʌnɪtəˌrɪzəm)

1. (Economics) the theory that inflation is caused by an excess quantity of money in an economy

2. (Economics) an economic policy based on this theory and on a belief in the efficiency of free market forces, that gives priority to achieving price stability by monetary control, balanced budgets, etc, and maintains that unemployment results from excessive real wage rates and cannot be controlled by Keynesian demand management

ˈmonetarist n, adj

mon•e•ta•rism

(ˈmɒn ɪ təˌrɪz əm, ˈmʌn-)

n.

a doctrine holding that changes in the money supply determine the direction of a nation's economy.

[1965–70, Amer.]

mon′e•ta•rist, n., adj.

monetarism

1. an economic theory maintaining that stability and growth in the economy are dependent on a steady growth rate in the supply of money.
2. the principle put forward by American economist Milton Friedman that control of the money supply and, thereby, of rate in the supply of credit serves to control inflation and recession while fostering prosperity. — monetarist, n., adj.

monetarism

An economic policy based on controlling a country’s money supply.

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Noun

monetarism - an economic theory holding that variations in unemployment and the rate of inflation are usually caused by changes in the supply of money

economic theory - (economics) a theory of commercial activities (such as the production and consumption of goods)

Translations

monetarizam

monetaryzm

monetarism

[ˈmʌnɪtərɪzəm] N → monetarismo m

monetarism

[ˈmʌnɪtərɪzəm] n → monétarisme m

monetarism

n → Monetarismus m

monetarism

[ˈmʌnɪt/əˌrɪz/əm] n → monetarismo

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He wrote Testing Monetarism, a critique of monetarism, in 1981.Desai has written extensively publishing over 200 articles in academic journals and had a regular column in the British radical weekly Tribune during 1985 1994, in the Indian business daily Business Standard (1995-2001) and in Indian Express and Financial Express.