Monetarism, as stated, 1950s-present
20th Century · stated scope
Monetarism is a school of economic thought that holds that the supply of money in an economy is the primary determinant of nominal GDP and price levels. It developed principally in the United States from the 1950s onward, associated with the University of Chicago and the work of Milton Friedman. It is principally associated with the quantity theory of money, advocacy for steady and predictable growth in the money supply, and criticism of discretionary fiscal and monetary policy.
Cluster:Liberty First
Liberty is the defining elevation, with Consent & Anti-Coercion running high beside it; Authority & Hierarchy sits low. Individual freedom leads the profile rather than any collective commitment.
Full profile
All 22 dimensions in one fixed order, grouped by the contrast axis each feeds, so any two entities can be read side by side. Switch to “By axis” to group them by the axis each feeds.
Neighbors
- 1Ordoliberalism, as stated, 1930s-presentDistance: 13Compare
- 2The Road to Serfdom (Hayek), as stated, 1944Distance: 14Compare
- 3The Wealth of Nations (Smith), as stated, 1776Distance: 14Compare
- 4Centrism, as stated, 20th c.-presentDistance: 15Compare
- 5Digital Privacy Movement, as realized, 1990s-presentDistance: 15Compare
The Three Axes (Detail)
Each bar is one pole’s pull, pointing the way it pushes the result. The dot is where the two pulls add up.