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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,[1] which is associated with reliance on monetary policy.


  1. ^ "monetarist-fiscalist controversy", Martín Bronfenbrenner, Macroeconomic alternatives, AHM Pub. Corp., 1979