21. Monetarism focuses on using the supply and demand of money as a method for controlling economic activity.22. The quantity theory of money preserved its importance even in the decades after Friedmanian monetarism had occurred. 23. They made famous the assertion of monetarism that'inflation is always and everywhere a monetary phenomenon '. 24. There are also arguments linking monetarism and macroeconomics, treating monetarism as a special case of Keynesian theory. 25. There are also arguments linking monetarism and macroeconomics, treating monetarism as a special case of Keynesian theory. 26. Like monetarism , new classical economics was rooted at the University of Chicago, principally with Robert Lucas. 27. Yes, it's capitalism, in fact I think it might even be monetarism as well. 28. *" Expand " This article actually needs to be beefed up by leading proponents of market monetarism . 29. Just because monetarism is out of vogue doesn't mean it's no longer a valid economic theory. 30. But through much of his career he was best known as the champion of the conservative doctrine known as monetarism .
