Keynesian demand management was abandoned in favour of the monetary approach.
Of course, their approach to monetary policy reflects the precepts of the Friedman-Becker (also Paul Volcker) monetarist approach.
These major currencies would peg to one another and would coordinate a Greenspan-esque inflation-fighting approach to monetary policy.
Clearly, the Fed is a better approach to monetary policy, and the Federal Health Board could be the linchpin to a health system that ensures affordability, accessibility and quality.
There are big monetary advantages to this approach.
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The greenback got a bit of a boost early in the session after Bank of Japan Governor Haruhiko Kuroda gave some clues on how the approach to monetary policy at the central bank might change under his control.
Overall, I believe that an integrated approach to monetary and bank supervision would provide the most efficient set of procedures for diagnosing problems with banks and then prescribing the correct mix of solvency and liquidity measures required to resolve these problems.
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The economic contribution of his essay is that it represents the thesis advanced by German economist Georg Friedrich Knapp in The State Theory of Money (1924), an expose advocating the Chartalist approach to monetary theory claiming that money must have no intrinsic value and strictly be used as tokens issued by the government, or fiat money.
Mr Sarkozy seems to think similarly, calling for a multilateral approach to the monetary system.
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"I continue to advocate that the Fed follow a systematic approach that keeps monetary policy focused squarely on inflation and output growth, but especially on inflation, " Plosser said.
Speaking at the US State Department in Washington, she said global economic leaders now needed to take a rounded approach towards addressing monetary weaknesses, such as those underscored by the current eurozone debt crisis.
We ought to take the same pragmatic approach to debates over monetary policy and broadband policy.
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In any event, many economists argue that as rates approach zero, conventional monetary policy risks becoming less effective.
Although Mr Greenspan's approach remains low key, he now dominates monetary policy decisions, invariably shaping the consensus towards an outcome he prefers.
Prime Minister Shinzo Abe's administration has named Kuroda as its choice to replace Masaaki Shirakawa as BOJ governor when he steps down on Mar. 19, viewing Kuroda as a strong supporter of Abe's approach to reviving the stagnant economy through aggressive monetary easing and hefty government spending.
Because the heart of the "Keynesian" critique of Mr Osborne's approach has always been that there were rare times when monetary policy did not work very well, and that now, just after a major financial crisis, was one of those times.
IMF-based approach to bail-outs and weaken the Asian idea of a separate regional monetary fund.
No wonder international bureaucracies such as the International Monetary fund and European Central Bank are producing research showing that spending discipline is the right approach.
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Swings in cross-border capital flows all too frequently dominate a range of monetary, regulatory, fiscal- and social-policy decisions because the broad-brush approach also characterises many international investors in Africa.
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