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Imagine an all powerful benevolent dictator of a small poor country that wishes to improve the lot of his subjects. The dictator has a good
Imagine an all powerful benevolent dictator of a small poor country that wishes to improve the lot of his subjects.
The dictator has a good education and respects the analytic power of economic theory.
Compare and contrast the advice the dictator would get if he hired Milton Friedman or Stephen Moore to advise him.
In what ways would the advice be the same and in what ways would it be different?
Whose advice would you follow and why?
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