Prudent Press

Milton Friedman


What is Monetarism and How Does it Work?


This article analyzes the economic philosophy of monetarism developed by Milton Friedman and followed by the Chicago School of Economics.   Monetarism Monetarism is an economic theory that focuses on the macroeconomic effects of changes in the money supply. This theory traces its roots back to the 1950s, when Friedman challenged the dominant Keynesian economics… Continue Reading »

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