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单词 monetarist
释义 monetarist, a. and n.|ˈmɒn-, ˈmʌnɪtərɪst|
[f. monetary a. + -ist.]
A. adj. Of a monetary character or having a monetary basis.
1914Geddes & Thomson Sex x. 239 This order of things—avowedly mechanical, militarist, and monetarist at best,..seems to many of us..the only possible form of industrial civilisation.1971Times 2 Aug. 13/4 The father of the current monetarist school of economic thought.1972Times 6 Dec. 22/8 The distinctive monetarist assertion is that inflation is attributable solely to increase in the money supply.1973Times 16 Aug. 15/2 It is not..true—even in terms of the monetarist theories on which Mr Powell relies—that the Government deficit uniquely determines the money supply.1974Financial Times 21 Oct. 16/8 The basic argument of the sadly mislabelled ‘monetarist’ school is that attempts by monetary and fiscal stimulation to lower the level of unemployment below a sustainable minimum, determined by underlying forces, will not bring about a lasting drop in the level of unemployment.
B. n. One who places emphasis on monetary matters, spec. one who advocates tighter control of the money supply as an important remedy for inflation.
1963Economist 27 Apr. 299/2 To control inflation by curtailment, as prescribed by the ‘monetarists’.1965Ibid. 25 Sept. p. xxiv/1 The main battle was between the ‘monetarists’ (who..believe that screwing down the money supply is always the answer to inflations of any sort) and the ‘structuralists’.1971Daily Tel. 25 Jan. 12/2 It is argued by monetarists that lower rates of interest would contribute to inflation.1971Times 2 Aug. 13/4 In a highly controversial article in today's Washington Post influential monetarists in the United States are compared to water diviners.
Hence monetaˈristic a.
1972Publisher's Weekly 6 Mar. 60/1 Nixon's two-and-a-half-year dalliance with laissez-faire and the monetaristic theories of Milton Friedman.
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