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Economics: New Keynesians versus Monetarists

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Uploaded by on Mar 23, 2011

http://www.mindbites.com/lesson/7630 for full video. For a full video Economics course, you'll want to click through to http://www.mindbites.com/series/1078-economics-full-course. Also be sure to check out http://www.mindbites.com/category/46-economics for other video lessons on Economics topics and concepts.

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  • Less than a minute in; absolutely untrue, Friedman's monetarism holds that there should be a stable growth of the money supply. Monetarists are also aware that the money supply and interest-rates are essentially connected (covered in his book "Free to Choose"). The maker is either unaware of monetarism or took courses that analyzed monetarism from a non-monetarist perspective.

  • great help !

  • great explanation

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