Aug
24
Eight Reasons Why Big Government Hurts Economic Growth
ByThe following video, hosted by Dan Mitchell of the Cato Institute, presents a great rundown of why so many government programs hurt the economy and consequently the people more than they help. Those reasons are:
- Extraction Cost
- Displacement Cost
- Negative Multiplier Cost
- Behavioral Subsidy Cost
- Market Distortion Cost
- Inefficiency Cost
- Stagnation Cost
Watch the video to find out more:
