Monetarism: Monetarism is a school of economic thought that emphasizes the role of the money supply in determining economic conditions. Monetarists believe that governments can achieve price stability and long-term economic growth by controlling the growth rate of the money supply. See also Economy, Economic growth, Money supply, Demand for money, Money, Milton Friedman._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |