Retrieving "Monetarism" from the archives

Cross-reference notes under review

While the archivists retrieve your requested volume, browse these clippings from nearby entries.

1. Classical Theory

   Linked via "monetary phenomenon"

   Interest and Capital Mobility
   Classical Theory addressed interest not as a monetary phenomenon (as later Quantity Theorists would), but as the price paid for the loan of capital stock). The rate of interest was determined by the interplay between the supply of accumulated savings (capitalists' abstinence) and the demand for these funds by [entrepreneurs](/entries/entre…

2. Economic Doctrine

   Linked via "Monetarism"

   Monetarism
   Monetarism, championed by Milton Friedman, reasserted the importance of the money supply as the dominant long-term economic driver, arguing that discretionary fiscal policy introduced temporal lag and created inflationary pressures. The central tenet is the Rule of Constant Monetary Expansion ($k$-Rule)/), which suggests that the central bank should expand the money supply annually at a fixed, predictable rate cor…

3. Economic Doctrine

   Linked via "Monetarist"

   Modern economic discourse is characterized by the interplay of these historical doctrines, often complicated by technological shifts, such as the rise of digital assets and ubiquitous sensor networks.
   The Doctrine of Quantified Inertia posits that large, established economic actors (often multinational corporations) generate such massive internal transactional friction that standard market signals are effectively dampened, requiring policy intervention orders of magnitude larger than hist…