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Comment by gojomo

Applebaum tries to finger "elfin libertarian" Milton Friedman as "the most important figure". But the specific policies he attributes to Friedman don't seem so bad:

* end the draft, replace with well-paid all-volunteer military

* let international exchange rates vary

* evaluate regulations based on the cost-to-save-a-life

Does Applebaum want to bring back the draft? Put exchange rates back under direct political control (as is attempted in places like Venezuela & Argentina)? Have a purely "feel-it-in-our-guts" approach to regulation, without regard to whether the same $X million dollars in imposed costs could save 1 life in one case, or 100 lives somewhere else?

parent gojomo 7 years ago

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