Milton Friedman was in favor of free US trade deals of the 1980s and Steven Cohen advocates Japan's and now China's economic policies of higher tariffs and state subsidies. During the 1990's Milton Friedman's policies were proven right. In the 1990's America had massive economic growth and higher wages. We were the second most free market country in the world now we are 18th. While Japan has had two decades of stagnating wages and expensive state companies that it cannot eliminate without massiv

Milton Friedman on government’s four major functions:1) Ensure national defense2) Protect citizens from “abuse and coercion by other citizens”3) Define and uphold private property rights4) Maintain a judicial system to adjudicate disputes and enforce rules