Monetarism and Supply Side Economics
Monetarism emerged in the 1960s under the leadership of Milton Friedman, who received the Nobel Prize in 1976. Friedman taught at the University of Chicago during this period, developing monetarism as a branch of Frank Knight''s famous "Chicago School" of economics. Monetarists emphasize the role of money and the government''s monetary policy in economic affairs; they vigorously defend the free ma...
Monetarism emerged in the 1960s under the leadership of Milton Friedman, who received the Nobel Prize in 1976. Friedman taught at the University of Chicago during this period, developing monetarism as a branch of Frank Knight''s famous "Chicago School" of economics. Monetarists emphasize the role of money and the government''s monetary policy in economic affairs; they vigorously defend the free ma...
