Talk:Macroeconomics

Article Checklist for "Macroeconomics"

Workgroup category or categories	Economics Workgroup [Please add or review categories]
Article status	Developing article: beyond a stub, but incomplete
Underlinked article?	No
Basic cleanup done?	No
Checklist last edited by	--Martin Baldwin-Edwards 08:57, 21 September 2007 (CDT)

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The treatment of monetarism

In this draft I have dismissed the simplistic version of monetarism without coming to a conclusion about the validity of the more sophisticated version employed by monetary economists. This avoids unnecessary controversy. To my mind the matter is, in any case, not worth pursuing. Monetarism was abandoned because monetary control was found impracticable, not because its theoretical grounding was found wanting. I plan to bring that out in the section on the management of the economy.

Nick Gardner 10:45, 24 September 2007 (CDT)

You make a reasonable point about the empirical experiences of monetarist policy. I wonder whether we should mention in passing some of the more sophisticated approaches -- just for encyclopaedic completeness.--Martin Baldwin-Edwards 10:52, 24 September 2007 (CDT)

Point taken. But I don't want to overburden readers at the outset. I will try to cover it in the section on qualifictions and extensions. Nick Gardner 15:07, 25 September 2007 (CDT)