Title |
Monetarism
|
Author |
Allan H. Meltzer |
|
Category
|
Schools of Economic Thought
|
Type |
Article |
Description |
This article explains one of the principal monetarist propositions: sustained money growth in excess of the growth of output produces inflation; to end inflation or produce deflation, money growth must fall below the growth of output, as well as two more monetarist propositions. |
URL |
http://www.econlib.org/library/Enc/Monetarism.html |
