Essay heading: Ronald Reagan, Looking Back After Three Decades

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Speeches

 

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January 13, 2008

 

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9 / 2375

 

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Unfortunately for us, the state of the government hasn’t limited its growth the way Reagan and the NeoCons would’ve liked it. Since ‘64 the proportion of the government has increased in size relative to the population. Reagan was influenced greatly by Milton Friedman, a Jewish kid out of Brooklyn, who became one of the most influential economists of the century...
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Friedman argued that our country’s monetary policy should aim for price stability, which he believed would provide the framework for efficient investment, and productivity growth, thereby raising employment. Stressing the advantages of the marketplace and the disadvantages of government intervention, he formed the position that the libertarians and the conservatives held in the United States’ economic debate for years to come...
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