Noun. 1. haemopoiesis-the formation of blood cells in the living body (especially in the bone marrow). haematogenesis, haematopoiesis, haemogenesis, hematogenesis, hematopoiesis, hemogenesis, hemopoiesis, sanguification. biological process, organic process-a process occurring in living organisms.
Answer Wiki. Monetarism is an economic school of thought that is often associated with economist Milton Friedman. What monetarists believes is that the governments primary economic responsibility is to control and uphold a stable money supply.
In the 1920s Keynes was a believer in the quantity theory of money (today called monetarism). His writings on the topic were essentially built on the principles he had learned from his mentors, Marshall and Pigou.