Monetarists

                                  貨幣學派

God helps those who work hard

          Introduction                                              簡介                            

         - Economists' preoccupation with              - 經濟學家對貨幣及其影響神往

           money and its effects.

        -  Grew in the 1970s when stagflation       - 於1970年代失業及通脹一起發

            took place.                                                生時開始受重視

        -  Many economists at Chicago university  - 芝加哥大學之經濟學者研究

            worked to explain inflation.                       解釋通脹

        -  Lost position in the 1980s when              - 於80年代保守的政府轉向

            conservative governments favoured          古典經濟理論時開始失勢

            classical economic management again.  

        -  Influential economists include                  - 具影響力的經濟學者包括

            Milton Friedman                                          米頓費利民

            Friedrich August von Hayek                        佛列阿吉斯海耶 

            Beliefs                                                         信念

        -  Increases in money supply would cause     - 貨幣供應增加導致通脹

            inflation.  

        -  "Inflation is always and everywhere a           - 於任何時間地點通脹

            monetary phenomenon."                                是一貨幣現象

        -  Policies changes may have temporary           - 政策轉變對產出有暫時

           or short-term effects on the output level.        或短期效果

                                   come to visit us and enrich yourself

                                       Main          Famous economists and us