How Big Government Liberals Wrecked The Global Economy And How They Will Do It
The global economy is in a state of crisis. Unemployment is high, growth is stagnant, and debt levels are unsustainable. This book argues that the crisis was caused by the policies of big government liberals who have expanded the size of government and increased regulation.
4.7 out of 5
Language | : | English |
File size | : | 435 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 244 pages |
The author, a leading economist, provides a detailed analysis of the policies that led to the crisis. He argues that these policies have discouraged investment, reduced productivity, and increased inequality. He also shows how these policies have made it more difficult for businesses to create jobs and for workers to find jobs.
The author offers a plan for how to avoid future crises. He argues that we need to reduce the size of government, cut taxes, and deregulate the economy. He also argues that we need to promote free trade and open markets.
This book is a must-read for anyone who wants to understand the economic crisis that has gripped the world in recent years. The author provides a clear and concise analysis of the causes of the crisis and offers a plan for how to avoid future crises.
Table of Contents
- The Big Government Myth
- The Failure of Keynesian Economics
- The Rise of Regulation
- The Consequences of Big Government
- A Plan for the Future
The Big Government Myth
The big government myth is the belief that government can solve all of our problems. This belief is based on the idea that government is a benevolent force that is always working in the best interests of the people. However, the reality is that government is often a source of problems, not solutions.
The big government myth has been used to justify a wide range of policies that have made our economy less free and less prosperous. These policies include:
- Higher taxes
- More regulation
- Increased spending
These policies have had a devastating impact on our economy. They have discouraged investment, reduced productivity, and increased inequality. They have also made it more difficult for businesses to create jobs and for workers to find jobs.
The Failure of Keynesian Economics
Keynesian economics is a theory of economics that was developed by John Maynard Keynes in the 1930s. Keynesian economics argues that the government can use fiscal policy to stimulate economic growth. Fiscal policy refers to the government's use of taxes and spending to influence the economy.
Keynesian economics was popular in the 1930s and 1940s, but it has since fallen out of favor. The reason for this is that Keynesian economics has been shown to be ineffective in stimulating economic growth. In fact, Keynesian policies have often led to higher inflation and higher unemployment.
The failure of Keynesian economics is one of the main reasons for the global economic crisis. Governments around the world have tried to use Keynesian policies to stimulate economic growth, but these policies have failed. As a result, the global economy has been stuck in a state of stagnation.
The Rise of Regulation
Regulation is a government policy that restricts the activities of businesses and individuals. Regulation is often justified as a way to protect consumers and the environment. However, the reality is that regulation often does more harm than good.
Regulation can discourage investment, reduce productivity, and increase inequality. It can also make it more difficult for businesses to create jobs and for workers to find jobs.
The rise of regulation is one of the main reasons for the global economic crisis. Governments around the world have imposed a vast array of regulations on businesses, and these regulations have made it more difficult for businesses to operate. As a result, investment has fallen, productivity has declined, and unemployment has risen.
The Consequences of Big Government
The consequences of big government are devastating. Big government policies have led to higher taxes, more regulation, and increased spending. These policies have discouraged investment, reduced productivity, and increased inequality. They have also made it more difficult for businesses to create jobs and for workers to find jobs.
The global economic crisis is a direct result of big government policies. Governments around the world have tried to use big government policies to solve the economy's problems, but these policies have failed. As a result, the global economy has been stuck in a state of stagnation.
A Plan for the Future
The only way to avoid future economic crises is to reduce the size of government, cut taxes, and deregulate the economy. We need to promote free trade and open markets. We also need to reform our welfare system and reduce our deficit spending.
These reforms will not be easy, but they are necessary. If we want to avoid future economic crises, we need to be willing to make changes.
4.7 out of 5
Language | : | English |
File size | : | 435 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 244 pages |
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4.7 out of 5
Language | : | English |
File size | : | 435 KB |
Text-to-Speech | : | Enabled |
Screen Reader | : | Supported |
Enhanced typesetting | : | Enabled |
Word Wise | : | Enabled |
Print length | : | 244 pages |