| 单词 |
monetarism |
| 释义 |
monetarism|ˈmɒn-, ˈmʌnɪtərɪz(ə)m|
[f. monetary a. + -ism.]
The economic doctrine or theory of a monetarist or of monetarists.
1969Newsweek 6 Jan. 48 The combination of Stansian horse-and-buggy finance with Friedmanian go-go monetarism. 1970Times 13 Mar. 10 The lecture was a full-blooded onslaught on ‘the new monetarism’, the doctrines of the Chicago school of economists led by the celebrated Professor Milton Friedman. 1971Times 2 Aug. 13/4 Professor Paul Samuelson..describes monetarism as a disease and defines it as a ‘pathological belief..that only the rate of growth of the money supply can affect significantly the rate of inflation or the level of unemployment’. 1971Sunday Times 8 Aug. 4 Monetarism, the belief that the state of the economy can be decisively manipulated through regulating the flow of money, became an accepted cult in the White House after Dr Burns had left it to assume the chairmanship of the Federal Reserve Board. 1975Times 28 Aug. 24/5 The Treasury['s]..distrust of ‘monetarism’ arises from a belief that it has only one equation, that which links the money supply and the money national income. |
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单词 monetism 释义 monetism nonce-wd.[f. L. monta (see money) + -ism.]The worship of money......