development of today's mainstream, stochastic, but essentially Walrasian, macroeconomic theory, rooted in his explicit deployment … of econometric theory in the analysis of forward-looking maximising behaviour in 1957, and in his later work on the … approach to economic theorising. -- Friedman ; macroeconomics ; Keynes ; Keynesianism. monetarism ; money ; inflation ; cycle …

It is then argued that, whereas Monetarism brought about a revival of the quantity theory of money from the limbo into … which Keynesianism had pushed it, RE-NC modelling was responsible for that theory's most recent disappearance. This happened … despite the fact that, initially, RE-NC economics appeared to be a mainly technical extension and refinement of Monetarism …

intimate relationship between economic theory, thought and policy is also fully examined, as well as the development of both … intimate relationship between economic theory, thought and policy is also fully examined, as well as the development of both …

. Darüber hinaus steckte Friedmans Ideologie den Rahmen des sogenannten Neu-Keynesianismus ab, welcher sich nur durch die … beschrieben scheint, die zusammen eine Zange darstellen, die den "alten" Keynesianismus weitestgehend aus dem Fach verdrängt hat …