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Economics 101: Learning From Sweden’s Free Market Renaissance

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Sweden is a powerful example of the importance of public policy. The Nordic nation became rich between 1870 and 1970 when government was very small, but then began to stagnate as welfare state policies were implemented in the 1970s and 1980s. The CF&P Foundation video explains that Sweden is now shifting back to economic freedom in hopes of undoing the damage caused by an excessive welfare state. www.freedomandprosperity.org

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Making Banks Spy on Their Customers Is Not Effective Crime Fighting: The Failure of Anti-Money Laundering Laws

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This Center for Freedom and Prosperity video examines anti-money laundering laws and finds that they are expensive and intrusive. These costs might be acceptable if the result was less crime, but this mini-documentary reveals that anti-money laundering policies are ineffective. As a former Reagan Administration official remarked, they undermine the fight against crime by misallocating law enforcement resources. www.freedomandprosperity.org

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Economic 101: Government Monopolies Are Bad: The School Choice Example

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Competition promotes innovation and results in higher quality and lower costs. Government-run schools are a tragic example, by contrast, of why monopolies generate bad results. This video uses the example of school choice to explain why competition is a better approach. www.freedomandprosperity.org

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Stimulus II: A Sequel America Can’t Afford

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Labor Department numbers show that the Obama Administration’s $787 billion “stimulus” was a flop. Instead of holding the unemployment rate at 8 percent or below, the jobless rate soared to 10 percent. Now there is discussion of second so-called stimulus, which politicians are calling a “jobs bill.” But making government bigger, this CF&P Foundation video explains, is a recipe for long-run stagnation and lower living standards, regardless of what the policy is named. www.freedomandprosperity.org

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Economics 101: Moral Hazard

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This CF&P Foundation's Economics 101 video discusses the Moral Hazard, which occurs when bad choices are subsidized. This often happens when government intervention lets people take risks while having little or no skin in the game. Housing policies, for instance, subsidized mortgages, thus enabling irresponsible borrowing and leading to bubbles and bailouts. Politicians may be setting the stage for the next crisis with a too big to fail policy that will subsidize the biggest financial institutions. www.freedomandprosperity.org

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Deficits are Bad, but the Real Problem is Spending

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Huge deficits and skyrocketing debt levels are creating considerable worry. This Center for Freedom and Prosperity Foundation video explains that that government borrowing is excessive - and will get worse in coming decades. But this mini-documentary explains that deficits and debt are merely the symptoms, and a rising burden of government spending is the real problem. www.freedomandprosperity.org

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