All monetarism is, is to try to keep the supply of money in line with the supply of goods and services.
Of course, this reflects his perception of his own work: whereas previous Nobel laureates were high priests of markets and monetarism, Sen has given economics a human face.
Calling monetarism "the uncontrollable in pursuit of the indefinable," Sir Ian Gilmour, who was Deputy Foreign Secretary until Thatcher purged her Cabinet of dissidents last .
Yuri Luzhkov in Reuters The monetary policy of our authorities is one of the main reasons why we are now facing such grave problems in the real sector,Luzhkov, a veteran conservative, told Kommersant daily. "Monetarism should be abandoned."