🏢 Is Government Spending Effective?

Is government spending effective? Is increasing the government revenue, and in consequence the government spending, really a good way to develop the economy and satisfy people’s needs? Learn Austrian Economics in a fun way!

LINKS

★★★★★★★★★★★★★★★★★★★★★★★★★★

Music on CC license:

★★★★★★★★★★★★★★★★★★★★★★★★★★

[Synodalian]

Amazing content. You should make a complete Econ 101 documentary out of this!

[tajunicholasjr]

This needs to be taught in America right now

[GeorgWilde]

The finance sector and speculators love when government distorts the economy. Every distortion is oppotunity for them to make money. The effects of government economic behavior are so far reaching, it is mind boggling. Many jobs exist only because of the government, even though they are not government jobs. They exist just so economy can survive all the regulations and redistributions.

[brockjohnson]

This was one of the best, most informative videos I've seen on YouTube. Great work!

[justinfreeman]

I would love it if you remade this with a better audio balance between the background music and voice.

[cryptoij]

believe it or not, you can write a complete thesis from this video.
though with a ton of additional materials

[ilham]

government spending will be effective when government has minimum influence to economy and the government is small like US in 1800 without fed gov. correct me if i wrong.

[SupraRainbowChips]

YT played an ad for Krugman's web masterclass right at the beginning of THIS video ahaha

[nuraqilah]

i want to ask what are the pros and cons of government intervention in the market for necessity goods like egg, fish and chicken. Consider the effects to both consumers and producers.

[benb]

great video, the only thing I'd disagree with is that you spent the whole video explaining why the free market is superior, but then said we should have defense expenditure, when clearly defense follows the same economic concepts and could be done more privately.

[kevindenton]

Our grovernment is terrible with our money..more in their pockets every year less in ours..we need to stop this..term limits no more over seas spending..this is our money not these idiots tjat are bought out in our grovernment

[ilham]

well most government only move capital to corrupt person. and people fooled by corrupt person which is politician in gov.

[TheSaival]

The spelling is a bit off. Shuffles sounds like shackles. Maybe I will make english subtitles one time...

[ymi_yugy]

Is the market able to provide good long term allocations of resources?
How can the market preserve resources for generations and centuries if people are at maximum interested in preserving them for their life time? People make really irrational decisions, especially long term ones.
Saving for retirement might be a good idea but many simply do not care because it seems so far away.
Can you still assure me that the market will always make better decisions than the government even when market players are extremely irrational?

[jayminpatel]

Hello I wanted to provide you a story to make a video on shopkeeping how can I connect to you

[lubu]

So if i gave you power over the US goverment, how would you pay it's debt?

[chesterg.]

Why don't they teach this stuff in schools? Oh yeah, our school system is public.

[WadcaWymiaru]

For me only VAT tax should exist.
A 10% for anyone.
The other economic actvity&sources of income should be tax-free.
This is WHAT made USA so strong...if they were like USSR during the WWII even Japanese would beat them badly...

P.S. A good government shouldn't manage education, healthcare and social security. Those tend to bloat badly...look:
you could build 3 "USA" for that moneys WASTED by idiots...

[marunio]

The government doesn't know people's needs. Friedman wrote something about that.

[Teo]

The government doesn't create jobs/ directly employ You sure buddy?