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gptkbp:instanceOf
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gptkb:economic_policy
|
|
gptkbp:advocatesFor
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controlling money supply to manage economic stability
|
|
gptkbp:associatedWith
|
gptkb:Milton_Friedman
|
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gptkbp:contrastsWith
|
gptkb:Keynesian_economics
|
|
gptkbp:criticizedFor
|
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 amount of money in circulation
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Monetarist theory
|
|
gptkbp:influenced
|
central banking policies
monetary targeting policies in the 1970s and 1980s
|
|
gptkbp:influencedBy
|
gptkb:Quantity_theory_of_money
|
|
gptkbp:originatedIn
|
20th century
|
|
gptkbp:proposedBy
|
inflation is always a monetary phenomenon
long-term neutrality of money
|
|
gptkbp:publishedIn
|
gptkb:A_Monetary_History_of_the_United_States
|
|
gptkbp:relatedTo
|
gptkb:Chicago_School_of_Economics
|
|
gptkbp:requires
|
government intervention should be limited in the economy
|
|
gptkbp:bfsParent
|
gptkb:Austrian_Business_Cycle_Theory
gptkb:Real_Business_Cycle_Theory
|
|
gptkbp:bfsLayer
|
7
|