What is Supply-side Economics Market Freedom?
Markets must be allowed to work more freely and steps taken to improve this efficiency by:
freeing them from government controls (e.g. income policy, minimum wage regulations, pricing policies of the nationalized industries);
restricting the power of trade unions;
the privatization program;
introducing competition in the natural monopolies by new devices;
removing institutional barriers in the capital market (e.g. exchange control, the Stock Exchange);
using the rate of interest (the price of liquid capital) as the main weapon for adjusting aggregate demand.