It's not an answer because I provided something specific, you gave an answer suited to a beauty pageant. When someone asks "What would you define as a good economic policy" and one person answers with an answer that reflects economic reality, shows knowledge of the system, reflects an understanding any possible changes and how they would actually work in practice, and other person says "I want everyone to be treated justly and equally" without saying how, one of them is an answer, the other's a slogan.
An optimum level of government influence to me is one where the government's policies are clearly bent on promoting things the private sector clearly will not and can not. Things like infrastructure and development of new technology later expanded about by the private sector fall into that category. But I'm sure in another universe private industry would have done all this even though full privatization left Europe the poorest, most illiterate corner of Asia for the thousand years between Constantine and the Black Death, when government for any real sense of government did not exist.
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Date: 20/1/12 02:37 (UTC)An optimum level of government influence to me is one where the government's policies are clearly bent on promoting things the private sector clearly will not and can not. Things like infrastructure and development of new technology later expanded about by the private sector fall into that category. But I'm sure in another universe private industry would have done all this even though full privatization left Europe the poorest, most illiterate corner of Asia for the thousand years between Constantine and the Black Death, when government for any real sense of government did not exist.