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Market oriented vs interventionist supply side policies

F

Frances

Member
Hi,

Can someone explain to me how the examples of market oriented supply side are not interventionist? For example, reducing government expenditure, taxes and welfare seem to be interventionist as the government is getting involved?

Thanks,
 
Hi Frances
Market orientated policies are all about getting the government out of the way and letting the free market get on with things.
On this basis, actions such as reducing gov spending, welfare and taxes are reducing the influence of the government and so could be considered to be market orientated policies.
Hope that helps?
Gresham
 
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