The U.S. needs to shift its long-term policies away from increased government involvement in the economy, if we want to see a return to historic growth patterns.

That was one of the messages Stanford economist Michael Boskin delivered near the end of last night?s seventh annual John W. Pope Lecture at N.C. State University.

Boskin described the perfect storm that led to our latest economic crisis, assessed the impact of government responses to that crisis, then offered a prescription for moving forward.

Click play below to watch the 1:21:01 event.