| The Bank's failure has cast into doubt the monetarist framework that has underpinned the government's economic policy. |
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| One can understand how a monetarist central banker with a libertarian bent might object. |
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| The backlash brought monetarist and supply-side doctrines into prominence. |
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| Keynesian and monetarist theories dominate macro-economics in general and balance of payments theories in particular. |
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| The Chicago School of economics is best known for its free market advocacy and monetarist ideas. |
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| During the 1980s it supported Margaret Thatcher and Ronald Reagan's monetarist policies. |
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| Thatcher's economic policy was influenced by monetarist thinking and economists such as Milton Friedman and Alan Walters. |
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| Goodfriend and King exposit the New Keynesian model in the monetarist spirit. |
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| As a monetarist, Thatcher started out in her economic policy by increasing interest rates to slow the growth of the money supply and thus lower inflation. |
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| Though many of the book's passages more than hint at an Austrian storyline, the authors rely explicitly on monetarist theory, which features the quantity theory of money. |
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| Monetarist theory asserts that variations in the money supply have major influences on national output in the short run and on price levels over longer periods. |
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