monetarism

noun
mon·​e·​tar·​ism | \ ˈmä-nə-tə-ˌri-zəm How to pronounce monetarism (audio) also ˈmə- \

Definition of monetarism

: a theory in economics that stable economic growth can be assured only by control of the rate of increase of the money supply to match the capacity for growth of real productivity

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Other Words from monetarism

monetarist \ ˈmä-​nə-​tə-​rist How to pronounce monetarism (audio) also  ˈmə-​ \ noun or adjective

Examples of monetarism in a Sentence

Recent Examples on the Web These feelings, more than any strong commitment to monetarism, convinced him that gentle rate-raising would not be enough. The Economist, "Obituary: Paul Volcker died on December 8th," 12 Dec. 2019 For him, this was a time when the policies that economists almost universally endorsed—tax breaks, austerity, deregulation, free trade, monetarism, floating exchange rates, reduced antitrust enforcement, low inflation, among others—were enacted. Robin Kaiser-schatzlein, The New Republic, "The Tyranny of Economists," 30 Sep. 2019 Yet the recessions stoked by monetarism did immense harm. The Economist, "When economists ruled the world," 31 Aug. 2019 Only devotees of Friedman’s strict monetarism could deny that the new leaders will have a tough act to follow. Tom Saler, Milwaukee Journal Sentinel, "Tom Saler: Inflation is a baffling phenomenon," 23 Sep. 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'monetarism.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of monetarism

1969, in the meaning defined above

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The first known use of monetarism was in 1969

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Cite this Entry

“Monetarism.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/monetarism. Accessed 21 Jan. 2021.

More from Merriam-Webster on monetarism

Britannica.com: Encyclopedia article about monetarism

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