From: Brian D Williams (talon57@well.com)
Date: Fri Mar 15 2002 - 12:38:08 MST
On page A-18 of todays Investors Business Daily, Steve Forbes rips
the IMF and it's policys, especially on countries such as
Argentina.
He lays out 5 very sound rules for a good economy.
1) Firmly establish the rule of law
2) Create sound money
3) Keep taxes low
4) Make it easy to open, run, and expand a business
5) Reduce trade barriers to increase the flow of goods and
services, create jobs, and expand a nations wealth.
Sound wisdom.
He also point out that the Russians told the IMF to get lost,
brought in pro-growth economists (including Hernando Desoto)
instituated a flat tax last year and revenue is way up. Putin is
also considering major property rights reforms.
In another article on the same page Gorbachev admits that communism
is "pure propaganda" and an "unreal system".
Onward free market soldiers....
Brian
Member:
Extropy Institute, www.extropy.org
National Rifle Association, www.nra.org, 1.800.672.3888
SBC/Ameritech Data Center Chicago, IL, Local 134 I.B.E.W
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