5. Limit Government Spending. Any government spending, where the costs exceed the benefits, and the cost-benefit ratio is inferior to a private sector alternative, reduces the general welfare of the people, rather than enhancing it.

The bigger the better? Evidence of the effect of government size on life satisfaction
by Christian Bjørnskov, Axel Dreher, Justina A.V. Fischer
Swiss Federal Institute of Technology
October 2005 Working Paper