Government spending can promote economic growth if money is used for core "public goods" such as rule of law and property rights.
But the burden of government spending in the United States and other industrialized nations is far higher than needed to finance such activities. Citing scholarly studies, this CF&P Foundation video examines the Rahn Curve, which graphically illustrates the negative impact of excessive government spending.
www.freedomandprosperity.org
What are the elements of the libertarian movement and how does one of its most illustrious proponents Milton Friedman apply its tenets to issues facing the United States and the world today?
(watch the rest of this 4-part video on RCO64 youtube channel)