Rahn curve
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The Rahn curve is an economic theory, developed by Richard Rahn, which proposes that there is a level of government spending which maximises economic growth. The theory is used by classical liberals to argue for a decrease in overall government spending and taxation. The curve suggests the optimal level of government spending is 15–25% of GDP.
[edit] See also
[edit] External links
- http://www.economicshelp.org/blog/economics/the-rahn-curve-economic-growth-and-level-of-spending/
- The Rahn Curve and the Growth-Maximizing Level of Government
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