gptkbp:instanceOf
|
gptkb:economic_policy
|
gptkbp:advocatesFor
|
controlling money supply to manage economic stability
|
gptkbp:associatedWith
|
gptkb:Milton_Friedman
|
gptkbp:contrastsWith
|
gptkb:Keynesian_economics
|
gptkbp:criticizedFor
|
gptkb:post-Keynesian_economists
fiscal policy as less effective than monetary policy
|
gptkbp:emphasizes
|
importance of monetary policy
|
gptkbp:focusesOn
|
role of governments in controlling the money supply
|
gptkbp:hasConcept
|
gptkb:economic_policy
money supply
inflation control
|
https://www.w3.org/2000/01/rdf-schema#label
|
Monetarism
|
gptkbp:implementedIn
|
gptkb:United_Kingdom
gptkb:United_States
|
gptkbp:influenced
|
central banking practices
economic policy in the 1970s and 1980s
|
gptkbp:influencedBy
|
classical economics
|
gptkbp:originatedIn
|
20th century
|
gptkbp:proposedBy
|
steady, predictable growth in money supply
|
gptkbp:relatedTo
|
quantity theory of money
|
gptkbp:requires
|
inflation is always a monetary phenomenon
|
gptkbp:bfsParent
|
gptkb:Theories_of_Modern_Capitalism
gptkb:Macroeconomic_Theory
gptkb:New_Keynesian_economics
|
gptkbp:bfsLayer
|
6
|