Over time , many governments practiced his restatement of a political philosophy that extolled the virtues of a free market economic system with little intervention by government .
He was an economic advisor to U.S. President Ronald Reagan .
Over time , many governments practiced advisor 's restatement of a political philosophy that extolled the virtues of a free market economic system with little intervention by government .
He was an economic advisor to U.S. President Ronald Reagan .