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J.D. Tuccille: Republicans join Democrats in the backward fight against economic freedom

JD Vance is the latest politician to turn his back on what made America great in the first place

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To the extent he’s known to the American public, Nobel Prize-winning economist Milton Friedman is remembered for advocating economic freedom and for the bestselling book Free to Choose that he co-authored with his wife, Rose, as well as the companion TV series. Republican Vice-President JD Vance, though, remembers Friedman as a proponent of bad ideas — an opinion he shares with former Democratic president Joe Biden. Free markets, individual liberty and the prosperity they bring are no longer popular in either of the country’s major political parties.

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In a June 30 interview with The Daily Wire’s Michael Knowles, Vance addressed the ongoing transformation in GOP economic thinking. He claimed that nobody protested when President Donald Trump talked of seizing equity in AI companies. That’s not true — free-market advocates have indeed criticized Trump’s language and conduct on that matter as well as his other policies. But it is fair to say that fewer and fewer such voices are found in the Republican Party.

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