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Today\u2019s Flashback Friday is from episode 302 published last February 25, 2013.

Jason Hartman is joined on this episode by\xa0Steve\xa0Forbes, the editor in chief of\xa0Forbes\xa0Media, to propose and attempt to answer the question:\xa0 Why does government get bigger and bigger when we know it doesn\u2019t work well? Mr.\xa0Forbes\xa0states that history proves free markets work for the people, while big and over-reaching government is about meeting its own needs.

In his book,\xa0Freedom Manifesto: Why Free Markets Are Moral and Big Government Isn\u2019t, coauthored with Elizabeth Ames, the authors delve into historic events and statistics, showing that in every instance, big government promotes favoritism, stifles economic growth, dumbs down education, and creates an atmosphere of \u201crigidity and scarcity.\u201d At the same time, it opens the door to corruption.

Mr.\xa0Forbes\xa0discusses the benefits of economic freedom, which promotes creativity and growth. Jason and Mr.\xa0Forbes\xa0also talk about current economic issues, including the bubbles that the Fed continues to create in the bond market and housing. \u201cWhen government undermines money, bad things happen,\u201d laments Mr.\xa0Forbes. \u201cWhen government says it\u2019s here to help, watch out!\u201d

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