Since starting this blog, I’ve cited several columns by Walter Williams (see here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, and here), in large part because he’s so good at explaining economic concepts, but also because he’s very effective when demonstrating how big government undermines both freedom and […]

The latest “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), narrated by Michelle Fields, explains that most politicians have learned the wrong lessons from the Great Depression. Entitled, “The New Deal Was A Failure: Hoover and FDR Prolonged the Great Depression with Big Government,” the video illuminates, through a timely economic history lesson, the dangers of President Obama’s insistence on following in the footsteps of FDR.

This mini-documentary from the Center for Freedom and Prosperity Foundation explains how the statist policies of Presidents Hoover and Roosevelt lengthened and deepened the Great Depression. The video also briefly explains how reductions in the burden of government spending helped the economy recover from a deep recession after World War I and to grow after World War II.

I’m glad that China has taken some steps away from communism. According to Economic Freedom of the World, China was one of 10-worst nations for economic liberty back in 1980 and they’ve since climbed to 92nd place out of 141 nations. I’ve even offered a small bit of praise for China’s shift to a more […]

The folks from the Koch Institute put together a great video a couple of months ago looking at why some nations are rich and others are poor. That video looked at the relationship between economic freedom and various indices that measure quality of life. Not surprisingly, free markets and small government lead to better results. […]

What nation is a role model for economic reformers? I’ve certainly cited Hong Kong as an example, but I’ve also explained that we can learn lessons – at least on certain issues – from nations such as Sweden, Australia, Canada, and the Baltics. Today, let’s talk about the curious case of Denmark, which is a […]

The so-called War on Poverty has failed. Making government bigger and creating more federal redistribution programs has been bad news for taxpayers. But the welfare state also has been a disaster for the less fortunate, creating a flypaper effect that makes it difficult for people to lead independent and self-reliant lives. This Center for Freedom and Prosperity Foundation video shows how the poverty rate was falling after World War II — but then stagnated once the federal government got involved.

The latest “Economics 101” video released today by the Center for Freedom and Prosperity Foundation (CF&P), narrated by Hadley Heath of the Independent Women’s Forum, calls for restoring economic freedom to reduce poverty. Entitled, “Free Markets, Not Redistribution, Is Best Way to Reduce Poverty,” the video puts poverty in perspective and shows how government redistribution programs perpetuate rather than alleviate the problem.