Classifier Instance:

Anchor text: Cato Institute
Target Entity: Cato_Institute
Preceding Context: In a speech by Milton Friedman to the
Succeeding Context: :, Friedman states that "Reaganomics had four simple principles: lower marginal tax rates, less regulation, restrained government spending, noninflationary monetary policy. Though Reagan did not achieve all of his goals, he made good progress." This is why entrepreneurs flourished under Reaganomics: lower tax rates and inflation coupled with less regulation favored improved environments for market-based funding, risk-taking, access to labor (leading to greater employment), and a more level playing field between these entrepreneurs and large corporations. Illustrating this, the : states that this is why "the U.S. government must allow the entrepreneur to enjoy the rewards of success. If taxes take away most profit, then the entrepreneur will have less incentive to take a risk. If there are great restrictions on how the entrepreneur can use his profit, then there is little reason for the entrepreneur to take a risk. The entrepreneur's courage to take a risk is what leads to new American discoveries and what drives the U.S. economy forward. Reaganomics knows this. It is one of the reasons why Ronald Reagan has reduced American taxes dramatically".
Paragraph Title: Positive interpretations
Source Page: Reaganomics

Ground Truth Types:

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