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fiscalist
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Definitions of fiscalist in various dictionaries:
FISCALIST - Fiscalism is a term sometimes used to refer the economic theory that the government should rely on fiscal policy as the main instrument of macroecono...
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Fiscalist might refer to |
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Fiscalism is a term sometimes used to refer the economic theory that the government should rely on fiscal policy as the main instrument of macroeconomic policy. Fiscalism in this sense is contrasted with monetarism, which is associated with reliance on monetary policy. Fiscalists reject monetarism in a non-convertible floating rate system as inefficient if not also ineffective There are two types of Fiscalism: * - Contained fiscalism does not allow the economy to grow or decline as much as possible. * - Elevated fiscalism does not allow the economy to decline but, it does allow for the economy to grow unrestrained |