New Investment Study Results Reported from George Mason University (Monetarism and Monetary Policy): Investment

2025 JAN 27 (NewsRx) -- By a News Reporter-Staff News Editor at Economics Daily Report -- Investigators publish new report on Investment. According to news reporting originating from Arlington, Virginia, by NewsRx editors, the research stated, “Starting in the 1960s, Milton Friedman defined the monetarist-Keynesian debate.”

Our news editors obtained a quote from the research from George Mason University, “His greatest victory occurred by the end of the 1970s when he argued that the Federal Reserve System, not corporations and unions with market power, was responsible for inflation. However, monetarism retreated in the early 1980s when high rates of growth of money failed to predict inflation.”

According to the news editors, the research concluded: “This paper re-exposits the quantity theory of money and monetarism in an attempt to again make relevant Friedman’s arguments for a rules-based monetary policy and for an understanding of how in actual practice central banks control inflation assuming inflation is a monetary phenomenon.”

This research has been peer-reviewed.

For more information on this research see: Monetarism and Monetary Policy. Southern Economic Journal, 2024. Southern Economic Journal can be contacted at: Wiley, 111 River St, Hoboken 07030-5774, NJ, USA.

The news editors report that additional information may be obtained by contacting Robert L. Hetzel, George Mason University, Sr Affiliated Scholar Mercatus Ctr, Arlington, VA, United States.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1002/soej.12751. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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