Difference between revisions of "Monetarism"

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(Created page with "*Monetarism is the doctrine according to which changes in the money supply are the primary cause of economic fluctuations, implying that a stable money supply would lead...")
 
 
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*[[Monetarism]] is the doctrine according to which changes in the money supply are the primary cause of economic fluctuations, implying that a stable money supply would lead to a stable economy.
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[[Monetarism]] is the doctrine according to which changes in the money supply are the primary cause of economic fluctuations, implying that a stable money supply would lead to a stable economy.
  
 
==Definition==
 
==Definition==

Latest revision as of 17:45, 2 July 2020

Monetarism is the doctrine according to which changes in the money supply are the primary cause of economic fluctuations, implying that a stable money supply would lead to a stable economy.

Definition

According to Macroeconomics by Mankiw (7th edition),

Monetarism. The doctrine according to which changes in the money supply are the primary cause of economic fluctuations, implying that a stable money supply would lead to a stable economy.