Joseph Stiglitz: "Analisis di era Ronald Reagan dan Margaret Thatcher...

"Analisis di era Ronald Reagan dan Margaret Thatcher adalah bahwa pemerintah mengganggu efisiensi ekonomi melalui proteksionisme, subsidi pemerintah, dan kepemilikan pemerintah. Setelah pemerintah "keluar dari jalan," pasar swasta akan mengalokasikan sumber daya secara efisien dan menghasilkan pertumbuhan yang kuat. Pembangunan akan datang begitu saja."

--- Joseph Stiglitz

#Pertumbuhan #Efisiensi #Ekonomi #Mengganggu #Kepemilikan

Versi Bahasa Inggris

The analysis in the era of Ronald Reagan and Margaret Thatcher was that government was interfering with the efficiency of the economy through protectionism, government subsidies, and government ownership. Once the government "got out of the way," private markets would allocate resources efficiently and generate robust growth. Development would simply come.