Q.Name any one modern economist associated with monetarism.

Monetarism developed as a direct challenge to the dominant Keynesian emphasis on fiscal policy. …

Monetarism is most closely associated with the American economist Milton Friedman. Against the Keynesian emphasis on using government spending and taxation (fiscal policy) to manage the economy, Friedman argued that the money supply is the dominant influence on national income and, especially, on inflation in the long run. He therefore recommended that central banks aim for steady, predictable growth in the money supply, rather than actively fine-tuning the economy through discretionary fi …