Former Federal Reserve Chairman Paul Volcker testifies before the Joint ... More Economic Committee May 14, 2008 on Capitol ...

In 1979, with U.S. inflation peaking at 20 percent, the Fed switched its operating strategy to reflect monetarist theory. But monetarism faded in the following decades as its ability to explain the ...

Monetarism is the theory that the proper control of a country's monetary supply is the primary determinant of that country's economic health and stability. Monetarism is based on the quantity ...

In 1979, with US inflation peaking at 20 percent, the Fed switched its operating strategy to reflect monetarist theory. But monetarism faded in the following decades as its ability to explain the US ...

What no one has been paying homage to is the big policy mistake she made at the start of her premiership: her attempt to apply the theory of monetarism in order to bring down inflation.

3, No. 3, Fall 2012 Towards a Theory of Endogenous Financial... Post-keynesian and heterodox critiques have challenged the Monetarist assumptions of an exogenous money supply and the doctrine of ...

Former Federal Reserve Chairman Paul Volcker testifies before the Joint ... More Economic Committee May 14, 2008 on Capitol ...