One of America's greatest ever economists gave a blueprint for Trump's most ambitious plan before his death

Late Nobel Prize laureate Milton Friedman supported the abolition of astir authorities departments, arsenic seen successful a resurfaced video shared by Elon Musk.

The legendary economist, who identified arsenic a libertarian, explained his imaginativeness for a authorities that is little intrusive but capable to support citizens harmless successful a 1999 interview.

When asked which authorities furniture departments helium would abolish, Friedman replied that helium would get escaped of each of them but the departments of Defense, State, Treasury and Justice.

Musk shared the clip aft helium and Vivek Ramaswamy was tapped by president-elect Donald Trump to 'dismantle' the $6.5 trillion bloated U.S. bureaucracy by spearheading the caller 'Department of Government Efficiency' (DOGE).

Friedman said helium would get escaped of the departments of Agriculture, Commerce, Interior,  Education, Labor, Transportation and Veteran Affairs.

He besides recommended axing the section of Housing and Urban Development, which helium said 'has done an tremendous magnitude of harm' and has 'destroyed parts of cities nether the rubric of eliminating slums.'

Friedman the Department of Energy should besides beryllium abolished - 'except erstwhile it ties successful with the military.'

In presumption of the National Institute of Health, Friedman said 'There is country for immoderate nationalist wellness activities to forestall contagion,' but he would abolish the agency, which helium claimed 'was mostly a probe agency.'

'That's a question of whether the authorities should beryllium progressive successful financing research, and that's a precise analyzable contented and it's not an casual answer,' Friedman added.

Friedman was 1 of the astir influential economists of the 20th century. 

He headed the Chicago School of Economics, a radical of economical thinkers associated with the enactment of the module astatine the University of Chicago.

Friedman was a beardown advocator of economical liberty, escaped markets and escaped enterprise, and opposed the interventionist Keynesian economical policies of the US authorities successful the 1960s.

He received a Nobel Prize successful Economic Sciences successful 1976 for his work.

'Milton Friedman was the best,' the SpaceX founder said of Milton's instrumentality connected authorities size and spending.

It comes after Trump made the bombshell announcement last week, saying Musk and Ramaswamy volition co-lead the 'Manhattan Project of our time.' 

Musk has been spending clip with Trump pursuing his electoral win, acting arsenic the president-elect's counsel.

At Trump's Madison Square Garden rally successful October, helium said helium would chopped $2 trillion successful spending from the national fund to prevention payer funds.

He told the astir 20,000 attendees of Trump's MSG rally: 'Your wealth is being wasted. We're going to get the authorities disconnected your backmost and retired of your pouch book.'

Howard Lutnick - president and CEO of fiscal services institution Cantor Fitzgerald, who besides helms the Trump 2024 Transition Team - introduced the X proprietor to the signifier astatine the decision of his speech.

Lutnick said Musk would soon go the caput of a newly-created Department of Government Efficiency, an bureau whose initials spell retired DOGE, the cryptocurrency Musk erstwhile promoted.

Musk's cuts would shrink the fund by astir a 3rd and would beryllium much than this year's shortage spending.