dinsdag 9 december 2008

Milton Friedman and freedom

For Milton Friedman, freedom is very important, as well as on the economic as on the politic domain. He thinks India will have a better economy than China in the future because in India there is political and economical freedom, whereas in China there is only economical freedom. On the other hand monetary policy is very important. He even thinks that a computer run monetary policy is very good, if the computer is well programmed. The computer should control the growth of the quantity of money. He thinks a grow rate between 3% and 5% each year is perfect.


Source: http://opinionjournal.com/extra/?id=110009561


Frederik Verplancke

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