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Freedom is the best solution
By Mart Laar
Published Postimees 18 July 2009 A response to the article “Laar's dilemma” This week Abdul Turay asked how to get Estonia out of the crisis, if the basis of our success is in Milton Friedman and Austrian economy school principles. There is doubt about the two ideas and the two theories are caught up in conflict. Furthermore conservative policies have been replaced by left-wing ones.
Actually this has been talked about a lot. There has been a reversal of fortune. Now Friedman, the free market and low taxes get abused as people continually point to this as the reason as to why the crisis emerged. The world did the opposite in the 1930s and paid dearly for this. Now the great powers generally avoid protectionism and taxes have fallen more than they have risen. But it is government intervention in the economy that has grown, not doubt in the free market.
I didn't go ahead with my economic reforms in Estonia for five years on the basis of some…