Now that the So‐Called Stimulus Is Enacted, the Time Has Come to Look at Policies that Actually Improve Economic Performance
The faux stimulus bill will be signed into law today by President Obama. The bad news is that making government bigger will hurt the economy. The good news is that sooner or later there will be a recovery from the current downturn. The real issue is whether long‐run growth will be robust. Unfortunately, the evidence strongly suggests that an increased burden of government spending is among the policies that harm long‐run economic performance. In a new video, I review the Fraser Institute’s Economic Freedom of the World and highlight the policies that expand freedom and increase prosperity:
