Milton friedman led a new economic school of thought called

Posted By Admin @ September 03, 2022


Milton Friedman led a new economic school of thought called

laissez faire.
price signaling,
O the invisible hand,


The new economic school of thought in the field of macroeconomics by Friedman Milton that allows the government of a country to control money supply is called monetarism.

What is monetarism?

In this theory Friedman tried to establish that a government has to be able able to control the money supply in the economy.

According to his teachings, this was the only way of having a country to be in a place of economic stability.

Read more on monetarism him:

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