Explore the contrasts between Keynesian economics and monetarism and learn how each theory influences fiscal and monetary policies to regulate economic growth.

While central planning has historically been associated with the American left, and with failed socialist experiments outside the U.S., it's most recently revealed itself on the American right. The ...

While central planning has historically been associated with the American left, and with failed socialist experiments outside the U.S., it’s most recently revealed itself on the American right. The ...

Paul Krugman writes that “monetarism—broadly defined as the view that monetary policy can and should be used to stabilize economies—has more or less disappeared from the scene, both intellectually and ...

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.

Just how important is money? Few would deny that it plays a key role in the economy. But one school of economic thought, called monetarism, maintains that the money supply (the total amount of money ...

In one of my recent podcasts, I chatted with AEI scholar and former Federal Reserve economist Stephen Oliner. While we mostly talked about US productivity, I also hit him with a few monetary policy ...

Why is money so abundant in the United States? There’s no riddle here, nor does the question rate some kind of conspiratorial answer about central banks joining forces with rich families to keep the ...

Ann Behan has 10 years-plus of experience researching, writing, and editing articles, white papers, and executing searches at the board level across various industries. Her expertise includes ...

While many conventional economists and market monetarists did not express much concern about inflation (until recently), more traditional monetarists like Bob Hetzel and Tim Congdon correctly warned ...