Monetarism is a tendency in economic thought that emphasizes the role of governments in controlling the amount of money in circulation. It is the view within monetary economics that variation in the money supply has major influences on national output in the short run and the price level over longer periods and that objectives of monetary policy are best met by targeting the growth rate of the money supply.

Monetarism today is mainly associated with the work of Milton Friedman, who was among the generation of economists to accept Keynesian economics and then criticize it on its own terms. Friedman and Anna Schwartz wrote an influential book, A Monetary History of the United States, 1867-1960, and argued that "inflation is always and everywhere a monetary phenomenon." Though opposed to the existence of the Federal Reserve, but given that it does exist, Friedman advocated a central bank policy aimed at keeping the supply and demand for money at equilibrium, as measured by growth in productivity and demand.

The Basics ( /ˈbæzɪtʃ/ BAZZ-ich) are a three-piece band from Melbourne, Australia, formed by Wally De Backer and Kris Schroeder in 2002. Their style has been described as anything from 'indie-pop' to 'rock'n'roll' to 'pop-rock', though their records show they span a wide range of genres, including reggae, ska, country, and electro-pop. They are "recognised as one of Australia's hardest-working bands".

With close to 1000 shows in their ten-year career, their live performances are well-known for their sense of humour and energy.

The Basics were formed after Kris met Wally at a party in Melbourne. The event was to see off the young aspiring producer, who was about to depart for Los Angeles, and together with a number of musician friends, the two jammed on some blues-rock standards. Later that night, they bonded over a mutual love of The Beatles, 70s and 80s cartoon theme songs and old Sierra adventure games.

Initially, they played around Melbourne as an acoustic guitar/drums combo, starting at The Opposition in Frankston and the House of Fools in Footscray, where in late 2002 they met Michael Hubbard and later invited him to join them on electric guitar. Though lacking any real experience with the instrument, Kris willingly purchased his first bass guitar, and the trio was born. During this time, the group start performing songs with more complicated three-part harmony.

Scott B. Sumner is an economist and currently Professor of Economics at Bentley University. Sumner received a PhD in economics from the University of Chicago in 1985. His published research focuses on prediction markets and monetary policy. In the wake of the 2008 financial crisis, Sumner began authoring a blog where he vocally criticized the view that the United States economy was stuck in a liquidity trap. Sumner advocates that central banks such as the Federal Reserve create a futures market for the level of nominal gross domestic product (NGDP, or nominal income), and adjust monetary policy to achieve a nominal income target on the basis of information from the market. Monetary authorities generally choose to target other metrics, such as inflation, unemployment, the money supply or hybrids of these, and rely on information from the financial markets, indices of unemployment or inflation, etc. to make monetary policy. A school of economists known as market monetarism has coalesced around Sumner's views; The Daily Telegraph international business editor Ambrose Evans-Pritchard has referred to Sumner as the "eminence grise" of market monetarism. In 2012, the Chronicle of Higher Education referred to Sumner as "among the most influential" economist bloggers, along with Greg Mankiw of Harvard University and Paul Krugman of Princeton University.

Anthony Neil Wedgwood "Tony" Benn, PC (born 3 April 1925), formerly 2nd Viscount Stansgate, is a British Labour Party politician, who served as a Member of Parliament (MP) for fifty years, and was also a Cabinet Minister under Harold Wilson and James Callaghan.

His successful campaign to renounce his hereditary peerage was instrumental in the creation of the Peerage Act 1963. In the Labour Government of 1964–1970 he served first as Postmaster General, where he oversaw the opening of the Post Office Tower, and later as a notably "technocratic" Minister of Technology. In the period when the Labour Party was in Opposition, Benn served for a year as the Chairman of the Labour Party. In the Labour Government of 1974–1979, he returned to the Cabinet, initially serving as Secretary of State for Industry, before being made Secretary of State for Energy, retaining his post when James Callaghan replaced Wilson as Prime Minister. During the Labour Party's time in Opposition during the 1980s, he was seen as the party's prominent figure on the left, and the term "Bennite" has come to be used in Britain for someone of a more radical left-wing position.