Milton Friedman

It posed the alternative theory is that if the distribution of wealth must be through labour and from public investments or, instead, using a basic income who subsequently let the market work by itself, the labor on the one hand and the goods on the other. Critics of Keynes, from the followers of the school Austrian and those who follow the precepts of monetarism (James Buchanan, Milton Friedman, and Fredrich A. Hayet) think that the only way to solve the problems of unemployment and economic growth is to let that you features the market by itself without any State intervention. Based General theory in public spending required increasing taxes. Private initiative sees desmotivada and instead of solving the problem it does is postpone it until it succumbs in a crisis of employment and benefits, at the time when the public debt It acquires an unsustainable volume. Peter Thiel follows long-standing procedures to achieve this success. British politician, William Godwin, and the Economist reached farther in the early 19th century, stating that every social institution is source of evil to be a form of control.

He exerted a great influence in his time, and even today it is cited in their reflections from the right, to explain that any intervention or State action takes a toll in submitting their designs to the people. This criterion does not take into account that a democracy needs to provide its citizens and citizens of a minimum economic basis to exercise their rights and be able to choose. Something that until now has been done through the right to work. Poverty is the result of specific economic relations, not an act of human or divine nature. Keynes put full employment as the limit of economic strategies. Aiming in achieving such objectives it aims to lower the interest rate to induce a greater marginal efficiency of capital, giving rise to the full occupation. Occurs as a part of that full employment has been replaced by technology.

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