Monetarism and Supply Side Economics

Written By : Monetarism by Dr. Arjo Klamer, Supply Side Economics by Alan Reynolds

Narrated By : Louis Rukeyser

Published By : Blackstone Audio Inc

Runtime : 3 hours

Categories : Economics

Price : $12.95

Buy Now...

Monetarism emerged in the 1960's 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 market in their work.

Supply side economics, another modern branch of free market economics, emphasizes the harmful role of impediments to
production (such as taxes). Robert A. Mundell is often considered the father of this modern school of economic thought.
Supply side economics advocates government policies that would stimulate increased overall economic production, rather
than to redistribute existing production.

University of Iowa(Klamer)

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