Monetarism and Monetary Policy.

Starting in the 1960s, Milton Friedman defined the monetarist‐Keynesian debate. His greatest victory occurred by the end of the 1970s when he argued that the Federal Reserve System, not corporations and unions with market power, was responsible for inflation. However, monetarism retreated in the ear...

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Bibliographic Details

Published in:	Southern Economic Journal Vol. 91; no. 4; pp. 1347 - 1372
Main Author:	Hetzel, Robert L.
Format:	Article
Published:	Wiley-Blackwell Apr2025
Subjects:	Board of Governors of the Federal Reserve System (U.S.) Friedman, Milton, 1912-2006 Money supply Price inflation Monetary policy Theorists Inflation targeting Federal Reserve banks
Online Access:	View this record in EBSCOhost