We all know government is big. But when is big too big?
A new study by the Institute for Market Economics (IME) in Bulgaria concludes the government sector should be no larger than 20% to 30% of the national economy.
The average government sector for the OECD countries now exceeds 41% of GDP.
The results of the study indicate that trying to stimulate the economy by expanding government probably won't work.
The study was sponsored by the non-partisan Center for Freedom and Prosperity Foundation in the United States and the European Coalition for Economic Growth based in Vienna, Austria.
Thursday, August 6, 2009
When is Big Too Big?
Posted by Ben Asa Rast at 7:00 AM
Labels: Social Theory
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