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Chapter One: How Much Money Should the Government Spend?

In 2021, government expenditures in the United States totaled 44% of GDP. The state finances this expenditure through taxes, fees, printing money, and borrowing. Hoover senior fellow Joshua Rauh details the government’s use of these funds.

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Click below to watch the other videos in this series.
Chapter 1:    • Chapter 1: Public Finance: What is the Rol...  
Chapter 2:    • Chapter 2: Public Finance: What is the Rol...  
Chapter 3:    • Chapter 3: Public Finance: What is the Rol...  
Chapter 4:    • Chapter 4: Public Finance: What is the Rol...  

Additional resources:
Read “How Much Do Public Employees Value Defined Benefit Versus Defined Contribution Retirement Benefits?” by Joshua Rauh. Available here: https://www.hoover.org/research/how-m....

Watch “Tax Flight: Behavioral Responses to State Income Taxation,” with Joshua Rauh on PolicyEd. Available here: https://www.policyed.org/policy-stori....

Watch “Setting the Record Straight on Wealth Inequality,” with Tyler Goodspeed on PolicyEd. Available here: https://www.policyed.org/policy-stori....

Read “A New Look at Income Inequality in the US,” by John Taylor via Economics One. Available here: https://economicsone.com/2021/04/15/a....

Watch “Hoover Book Club: The Myth of American Inequality,” with Senator Phil Gramm, John Early, and John Taylor. Available here: https://www.hoover.org/events/hoover-....

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