Forbes contributors publish independent expert analyses and insights. A former Dallas Fed president, I cover the economy. This article is more than 10 years old. One of the neat (in my opinion) things ...

The two most prominent theories of macroeconomics to emerge during the 20 th century are the Keynesian Theory of Money and the Monetarism Theory. Keynesian thought traces back to the early part of the ...

A popular story promoted by Monetarist School thinkers is the one about Milton Friedman discrediting the Phillips Curve. For those not familiar with the latter, it’s the incorrect theory embraced by ...

Economies aren’t blobs or machines that occasionally pull over to dollar “filling stations.” In reality, economies are just individuals interconnected with individuals and machines the world over.

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that. The Church publishes the Monitor ...

Monetarists? They're barely heard from anymore. But monetarism was the rage for much of the 1980s, when inflation was soaring. Until former Fed chairman Paul Volcker resorted to monetarism, the ...

The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 22, No. 3 (Aug., 1989), pp. 673-685 (13 pages) The feasibility of a monetarist policy rule has been the subject of a good deal ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In 1979 Margaret Thatcher entered Downing Street determined to tame out-of-control inflation. Her monetarist ...

Federal Reserve Chairman Jerome Powell and his colleagues are continuing to raise interest rates even though they know this is likely to cause a recession. At the annual bankers’ gathering in Jackson ...