re: Excellent interview with brilliant economist Milton Friedman, about the importance of limiting government interference in people's lives

...And RZ had this to say:

"

Despite the fact that Rumsfeld was his student, Friedman has some sound policy advice.

(I have pulled ideas from elsewhere as well…)

 

1. Eliminate personal taxes, including personal Income Tax and VAT.

2. Increase corporate taxes

3. Drastic reduction in government giveaway programs

4. Stimulate foreign investment (old Swiss model)

5. create programs that increase the local circulation of money (LM3)

6. increase money supply

7. encourage competition in the banking sector, resulting in a  reduction of interest rates and bank fees

8. reduce level of government employment""