How are we to reconcile the so-called empirical ‘facts’ that show that government can grow the economy?

The public sector must take from the private sector in order to do anything, writes Frank Shostak .

Government cannot increase its spending without reducing the means of wealth-generators.

Government spending and artificial growth can happen alongside genuine growth as long as there is enough genuine saving, maintenance of the capital structure, and production.

Frank Shostak: Increase in government spending to strengthen the overall economy’s demand should be regarded as bad news for the wealth-generating process and for the economy.

Government projects that the government undertakes also fall into the category of wealth destruction because all the money, labor, resources must be taken from the private, productive economy.

The larger the government outlays, the worse it is for real economic growth, he says.