1. What did The Chicago School think of Keynesian economic "smoothing"? What did The Chicago School think of rent cont

[answerhappygod]

1. What did The Chicago School think of Keynesian economic
"smoothing"? What did The Chicago School think of rent
control?
2. Did UK civil servants (bureaucracy) oppose
privatization? Why or why not? Why did firms have to be
“fixed" before they were privatized? What were the special
problems associated with privatizing oil firms?
3. What happened to US Federal deficits under
Reagan? Why? George Bush was able to start
reducing Federal spending? Why?
4. Geoffrey Sachs in his interview talked about the
transition of the Russian economy from communism. What % of
the Russian population was urbanized vs in China? What are
the three reasons Sachs gives for corruption being such a big
problem in Russia? Does he generally see Russia's transition
from communism as a success? Why?