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journal contribution
posted on 1990-05-01, 00:00 authored by Karl Brunner, Allan MeltzerAllan MeltzerIf not now, when? If not us, who? Those rhetorical questions set the tone of Ronald Reagan's presidential campaign in 1980. The answers, we thought, were a clear and determined commitment to a program that would slow the growth of money to reduce inflation and slow the growth of government spending to shift resources from consumption to investment and increase productivity growth