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According to your text,the position of secular-humanism characterizes those who believe
Milton Friedman
An American economist and Nobel Prize laureate known for his research in consumption analysis, monetary history and theory, and his advocacy of free-market capitalism.
Rational Expectations
The hypothesis that individuals form forecasts about the future based on all available information in an unbiased and consistent manner.
Self-Correction Mechanism
The market's ability to adjust back to equilibrium without intervention, often used in the context of economic cycles.
Supply-Side Economists
Economists who advocate for policies that increase production as the best way to foster economic growth, emphasizing the role of supply in driving economic outcomes.
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