Bite-size Econ

This video series is intended to educate Americans, young and old, about economics so that they can understand the real effects of the stuff government does. It's important to judge politics by its real effects, because those are often not what politicians claim, whether because of the politicians' incompetence, or by design. We hope to succeed at this task, which of course has been completely neglected by any level of public education ... before America turns into a Venezuela ... thank you Chavez for creating such a dystopian case study!

The term "invisible foot of government" is a spin on Adam Smith's "invisible hand of the market". It's a name for the phenomenon that almost all well intentioned government programs have the opposite effect from their proclaimed intentions. It was invented by Dick Armey.

Check out the snippet of a Milton Friedman talk in our videos where he tells the story.

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