Concept information
Preferred term
monetarism
Definition
- Monetarism is a neoclassical economic theory that focuses on the causal relationship between the money supply and inflation. The central claim of monetarist theory is that inflation can be controlled or eradicated by regulating the growth of the money supply in line with the growth of economic output. [Source: Encyclopedia of Governance; Monetarism]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/monetarism
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