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02 September 2010
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Monetarism and Supply Side Economics
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Category :
Economics
Publisher :
Blackstone Audio Inc
Author :
Monetarism by Dr. Arjo Klamer, Supply Side Economics by Alan Reynolds
Narrator :
Louis Rukeyser
Length :
3 hours (Unabridged)
Download Price :
$11.75
Format :
Encoded Windows Media
© 2006 Blackstone Audio Inc
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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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