Summary: In this article, Reed lays out an approach to use when forming public policy. Reed describes seven concepts, based on basic economic concepts for policymakers to use both inside and outside of government.
Other Articles by Lawrence Reed:
Great Myths of the Great Depression by Lawrence Reed
Students today are often given a skewed account of the Great Depression of 1929-1941 that condemns free-market capitalism as the cause of, and promotes government intervention as the solution to, the economic hardships of the era. In this essay ... more
Related Curricula: Economics in a Box
Skill Level: Intermediate, Introductory
