What is Supply-side Economics Market Freedom?
Markets must be allowed to work more freely and steps taken to improve this efficiency by:
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freeing them from government controls (e.g. income policy, minimum wage regulations, pricing policies of the nationalized industries);
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promoting competition;
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restricting the power of trade unions;
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the privatization program;
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introducing competition in the natural monopolies by new devices;
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removing institutional barriers in the capital market (e.g. exchange control, the Stock Exchange);
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using the rate of interest (the price of liquid capital) as the main weapon for adjusting aggregate demand.