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Economic Lessons Series

The Empirical Evidence Against Big Government

The Empirical Evidence Against Big Government

Posted on September 17, 2009

Building on a previous mini-documentary that focused on theory, this video from the Center for Freedom and Prosperity Foundation presents real-world data and research showing that the burden of government spending is far too high – not only in the United States (where the Bush-Obama policies have increased the federal budget by more than 100 percent), but also in other nations where government budgets sometimes consume more than one-half of an economy’s output.

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Controlling Leviathan: The Battle for Limited Government

Controlling Leviathan: The Battle for Limited Government

Posted on August 29, 2009

Speaking at a Steamboat Institute conference, Dan Mitchell makes an impassioned case for limited government and individual freedom. Steamboat Springs, Colorado, August 28, 2009.

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Eight Reasons Why Big Government Hurts Economic Growth

Eight Reasons Why Big Government Hurts Economic Growth

Posted on August 17, 2009

This Center for Freedom and Prosperity Foundation video analyzes how excessive government spending undermines economic performance. While acknowledging that a very modest level of government spending on things such as “public goods” can facilitate growth, the video outlines eight different ways that that big government hinders prosperity. This video focuses on theory and will be augmented by a second video looking at the empirical evidence favoring smaller government.

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President Obama’s Dishonest Demagoguery on Tax Havens

President Obama’s Dishonest Demagoguery on Tax Havens

Posted on July 21, 2009

Politicians who like higher taxes would like to shut down so-called tax havens so they can set up an “OPEC for politicians” and implement higher tax rates. Yet since all the evidence shows that low-tax jurisdictions are very beneficial for the global economy, the politicians often resort to dishonest demagoguery. This educational video from the Center for Freedom and Prosperity debunks President Obama’s two most common smears against tax havens.

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The Case Against Class-Warfare Tax Policy

The Case Against Class-Warfare Tax Policy

Posted on June 15, 2009

President Obama and other politicians are advocating higher taxes, with a particular emphasis on class-warfare taxes targeting the so-called rich. This Center for Freedom and Prosperity video explains why fiscal policy based on hate and envy is fundamentally misguided.

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President Obama’s Deferral Proposal: Hamstringing American Companies, Reducing American Jobs

President Obama’s Deferral Proposal: Hamstringing American Companies, Reducing American Jobs

Posted on May 11, 2009

President Obama’s proposal to severely restrict “deferral” will cause a significant tax increase on American companies trying to earn market share in other nations. For all intents and purposes, the White House plan is protectionism, but the target is American companies rather than their foreign rivals. This Center for Freedom and Prosperity Foundation video explains why this misguided policy will reduce exports from America and reduce jobs in America.

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Want Less Corruption? Shrink the Size of Government

Want Less Corruption? Shrink the Size of Government

Posted on April 21, 2009

Washington is riddled with corruption, much of which actually is legal. The politicians and other insiders claim that more ethics laws and lobbying rules are the solution. Some even say the only answer is campaign finance laws that restrict 1st Amendment rights to fully participate in the political process. This Center for Freedom and Prosperity video explores a different hypothesis and concludes that big government is inherently corrupting.

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Government Intervention, Regulatory Policy, and the Financial Crisis

Government Intervention, Regulatory Policy, and the Financial Crisis

Posted on March 24, 2009

The housing bubble is probably the biggest reason why America now faces a financial crisis. But what caused the bubble, and why are there now so many foreclosures causing so much damage in the rest of the financial sector? In this Center for Freedom and Prosperity, Peter J. Wallison of the American Enterprise Institute explains how government policy mistakes are responsible and he specifically highlights the destructive impact of two government-created entities known as Fannie Mae and Freddie Mac. The video concludes with four key lessons that explain how to avoid similar mistakes in the future.

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Free Markets and Small Government Promote Prosperity

Free Markets and Small Government Promote Prosperity

Posted on February 17, 2009

Now that the so-called stimulus has been enacted, hopefully policy makers will turn their attention to policies that actually improve economic performance. This Center for Freedom and Prosperity video reviews the key finding in the Fraser Institute’s Economic Freedom of the World and explains that, contrary to the policies of Presidents Bush and Obama, smaller government and free markets are the way to boost economic growth.

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Obama’s So-Called Stimulus: Good For Government, Bad For the Economy

Obama’s So-Called Stimulus: Good For Government, Bad For the Economy

Posted on January 26, 2009

President Obama wants Congress to dramatically expand the burden of government spending. This CF&P Foundation mini-documentary explains why such a policy, based on the discredited Keynesian theory of economics, will not be successful. Indeed, the video demonstrates that Obama is proposing – for all intents and purposes – to repeat Bush’s mistakes. Government will be bigger, even though global evidence shows that nations with small governments are more prosperous.

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