“The reason I am a Republican is that, compared to Democrats, the Republicans tend to favor smaller government, lower taxes, and greater reliance on free markets. On many social issues, I find myself agreeing with the Democrats more than the Republicans, and I know that the Republicans are far from perfect on economic issues. (Don’t get me started.) But as a classical liberal in the spirit of Milton Friedman, I find myself rooting for the Republican team more often. The recent debate over the minimum wage is a case in point”. — Greg Mankiw, professor of economics at Harvard University writing in his blog about party affiliation