Private initiative, incentives and competition leading to capital formation, human capital formation and technological progress. Low inflation, low tax rates. Sensible government spending and regulation.
Professor of Economics at Stanford University, Michael J. Boskin
Respond
How do high taxes on the wealthy impact an economy?
What role should government play in an economy?
What is the cause of and solution to poverty?
How does a minimum wage requirement impact an economy?
What role do workers' unions play in an economy?
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