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“Let me say first that I believe in the benefits conferred by the free market as strongly as anybody in this country: nobody, anywhere, has yet devised a way of organising economic activity which comes close to the free market as a way of efficiently producing the goods and services which people want.

So what are the critics saying and why do I disagree with them? It is not always quite clear what the critics are saying, and they don’t all speak with one voice of course.” Read more.

 
“Monetary Policy and the Free-Market Economy”
Donald T. Brash
And address by the Governor of the Reserve Bank of New Zealand to the Auckland Manufacturers’ Association
February 2, 1996

Tom Duncan

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