Big Government

Recorded at the Mises Institute on 20 July 2015.

Jeb Bush recently opined that to get more economic growth, people need to work more hours. What Bush fails to understand is that more employment is not the key to more economic growth. Saving and investment bring more productivity, which brings a better economy.

Apart from driving up prices, one of the main problems of subsidized government loans is the fact that a student can get the same loan terms for a high-risk degree in art history as for a safer degree in engineering.

Debt isn't the only problem Greece faces. Thanks to years of government spending and easy money, the Greek economy long ago turned away from true wealth generating activities and embraced a bubble economy instead.

Although federal courts have struck down their efforts, states and local governments have attempted to limit taxpayer subsidization of migrant populations. This central planning of immigration by the Feds has served only to increase conflict while swelling the size of government.

Since the revolution, many acts of Congress under the Constitution have done much to undo the Spirit of 1776. Here are a few of the worst.

Advocates for minimum wage mandates say they won't cause unemployment if done a little at a time. But if that's the case, why isn't Baltimore, with its myriad of wage laws, an engine of job growth?

Congress and the First Lady teamed up to impose the Healthy, Hungry-Free Kids Act on school children across the country, but news of unintended consequences abound.