Munich Personal RePEc Archive

Monetarism

Juravle, Daniel (2011): Monetarism.

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Abstract

The monetarism, as I have tried to outline in this work is based on the ideas of the American professor Milton Friedman, who tried to revitalize and reconfigure the old quantity theory of money. These ideas were transposed and discussed by authors like Ion Pohoață, Tiberiu Brăilean or Al. Tașnadii and Claudiu Doltu in the works that I have guided the construction of this essay. Thus we observ that one of the basic principles of Friedman’s conceptions was related on budget actions rejection. Actions which in the absence of such money, have little influence on total spending, output and prices, on the significant variables such as macroeconomic. So find a substantive argument in favor of interlocking key economic policies, which can not exist without the other and some which ensures sustainability of state institutions and the economy.

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