monetarist
monetarist — adjective
- monetaristpositive
- more monetaristcomparative
- most monetaristsuperlative
1. relating to an economic viewpoint in which a government's main job is to manage
relating to an economic viewpoint in which a government's main job is to manage how much money is available, so that prices stay stable and the economy grows at a steady rate.
The finance minister announced a monetarist plan to cut cash in the banking system.
monetarist + noun (plan)
Professor Yan compared monetarist ideas with the policies used by the European Central Bank.
monetarist + noun (ideas)
Under a strict monetarist approach, the central bank raised rates to slow consumer spending.
Greta's economics textbook explains the difference between monetarist and Keynesian theories.
The prime minister's monetarist policies kept inflation low throughout the 1990s.
- monetary
broader in meaning — monetary refers to anything related to money or currency, while monetarist specifically ties to the school of thought called monetarism
- neo-classical
a wider category of economic theory; monetarism is a sub-school within the neo-classical tradition
- Keynesian
Keynesian economics emphasises government spending and intervention, in contrast to monetarism's focus on money-supply control
文法句型
monetarist + noun (policy, theory, approach, idea)
用法筆記
Used almost exclusively in economics and political discussion. The noun it modifies is typically an abstract economic concept — policy, theory, approach, strategy, or idea.
常見錯誤
monetarist — noun
- monetaristsingular
- monetaristsplural
1. a person who believes that the best way to manage a country's economy is to keep
a person who believes that the best way to manage a country's economy is to keep tight control over the total amount of money that people and businesses can use.
As a committed monetarist, Senator Okonkwo argued that the government should stop printing extra money.
committed monetarist (adjective + noun collocation)
The debate between monetarists and Keynesians shaped economic policy in many post-war countries.
monetarists vs Keynesians (contrasting schools)
Samir, a well-known monetarist, published an article arguing that the central bank should raise rates.
Monetarists believe that too much money in the economy causes prices to rise quickly.
Heloísa described herself as a monetarist who supports tight limits on the money supply.
- supporter of monetarism
a longer, more explanatory phrase rather than a synonym; used when the term monetarist might be unfamiliar to the audience
- Friedmanite
informal reference to followers of economist Milton Friedman, the leading figure of monetarism
- Keynesian
a person who supports government spending and fiscal intervention to manage the economy, the traditional opposite of a monetarist
文法句型
[determiner] + monetarist
adjective + monetarist
monetarist + verb
用法筆記
Typically contrasted with Keynesian. The term is used both as a label a person adopts for themselves and as a description applied by others. Frequently preceded by an adjective such as committed, staunch, or lifelong.