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词汇 monetarism
释义

Definition of monetarism in English:

monetarism

noun ˈmʌnɪt(ə)rɪz(ə)mˈmɑnɪdəˌrɪzəm
mass noun
  • The theory or practice of controlling the supply of money as the chief method of stabilizing the economy.

    货币主义(主张以控制货币供应量稳定经济的理论或实践)

    Example sentencesExamples
    • The empirical debates have to do with such topics as monetarism, Keynesianism, inflation, market structure, rational expectations, and efficient institutions.
    • The policy was adopted in the 1980s, in part because extremist monetarism was then fashionable.
    • Variations of this position are found in monetarism, public choice theory, and the belief of some new classical economists that involuntary unemployment does not exist.
    • The modern version of monetarism argues that if foreign central banks were committed to price stability, then a worldwide concerted assault on inflation would be successful.
    • Similarly, central banks adopted monetarism with a fervor in the late 1970s and early 1980s, just as empirical evidence discrediting the underlying theories was mounting.
    • The speech was aimed directly at the government's extremely austere fiscal stance and its almost fanatical adherence to monetarism.
    • His views were much more subtle then straightforward monetarism, but they are scattered through his writings and not systematically integrated.
    • During the late 1970s and the 1980s, it was replaced as the dominant economic theory by monetarism.
    • Both Milton Friedman's theory of monetarism and the rational expectations school of macroeconomics challenged the effectiveness of activist monetary policy.
    • In fact monetarism proved to be unworkable, because whichever indicator of money supply was used, other forms of money went out of control.
    • Naturally, the question we're supposed to consider is framed in terms of Chicago School economics, the same people who gave us monetarism.
    • In today's world of monetarism, economists often cite a ‘low inflation’ or ‘zero inflation’ policy as the optimum for the United States.
    • That government slashed public spending and introduced monetarism.
    • Milton Friedman, the father of monetarism and free-market economics, sees little prospect of a return to the global deflation of the 1930s.
    • At school I had learned Keynsian theory and now I was being taught monetarism and supply side economics.
    • The shift to monetarism and the rejection of social reformism was not an unforeseen event that hit Labour from outside.
    • The economic theory known as monetarism holds that the money stock exerts an important influence on economic activity and prices.
    • Over the past two decades, however, Canadians have also been prone to buy into the merits of monetarism, lower levels of taxation and balanced budgets.
    • The pact and monetarism in general have been designed to weaken workers rights.
    • We've seen the effect of monetarism as a policy, over the past 35 years, on the conditions of life in the United States, in Western Europe, South and Central America, and so forth.

Derivatives

  • monetarist

  • noun & adjective ˈmʌnɪt(ə)rɪstˈmɑnəˌtɛrəst
    • The Bank's failure has cast into doubt the monetarist framework that has underpinned the government's economic policy.
      Example sentencesExamples
      • Over many recent decades, both Keynesians and monetarists have generally at one time or another favored both fixed and flexible exchange rate regimes.
      • The monetarists are hopelessly hamstrung by their fixation on narrow money.
      • The organization also remains committed to a contractionary and anti-inflationary, monetarist role for monetary policy rather than an expansionary and reflationary, Keynesian one.
      • In particular, the leading schools have been the conservative Keynesians, the Milton Friedman monetarists, and the supply-siders.

Definition of monetarism in US English:

monetarism

nounˈmänidəˌrizəmˈmɑnɪdəˌrɪzəm
  • The theory or practice of controlling the supply of money as the chief method of stabilizing the economy.

    货币主义(主张以控制货币供应量稳定经济的理论或实践)

    Example sentencesExamples
    • In today's world of monetarism, economists often cite a ‘low inflation’ or ‘zero inflation’ policy as the optimum for the United States.
    • Variations of this position are found in monetarism, public choice theory, and the belief of some new classical economists that involuntary unemployment does not exist.
    • We've seen the effect of monetarism as a policy, over the past 35 years, on the conditions of life in the United States, in Western Europe, South and Central America, and so forth.
    • That government slashed public spending and introduced monetarism.
    • Both Milton Friedman's theory of monetarism and the rational expectations school of macroeconomics challenged the effectiveness of activist monetary policy.
    • In fact monetarism proved to be unworkable, because whichever indicator of money supply was used, other forms of money went out of control.
    • During the late 1970s and the 1980s, it was replaced as the dominant economic theory by monetarism.
    • The pact and monetarism in general have been designed to weaken workers rights.
    • At school I had learned Keynsian theory and now I was being taught monetarism and supply side economics.
    • The shift to monetarism and the rejection of social reformism was not an unforeseen event that hit Labour from outside.
    • Naturally, the question we're supposed to consider is framed in terms of Chicago School economics, the same people who gave us monetarism.
    • The speech was aimed directly at the government's extremely austere fiscal stance and its almost fanatical adherence to monetarism.
    • The policy was adopted in the 1980s, in part because extremist monetarism was then fashionable.
    • Similarly, central banks adopted monetarism with a fervor in the late 1970s and early 1980s, just as empirical evidence discrediting the underlying theories was mounting.
    • Milton Friedman, the father of monetarism and free-market economics, sees little prospect of a return to the global deflation of the 1930s.
    • Over the past two decades, however, Canadians have also been prone to buy into the merits of monetarism, lower levels of taxation and balanced budgets.
    • The empirical debates have to do with such topics as monetarism, Keynesianism, inflation, market structure, rational expectations, and efficient institutions.
    • The modern version of monetarism argues that if foreign central banks were committed to price stability, then a worldwide concerted assault on inflation would be successful.
    • His views were much more subtle then straightforward monetarism, but they are scattered through his writings and not systematically integrated.
    • The economic theory known as monetarism holds that the money stock exerts an important influence on economic activity and prices.
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