Celebrating humanity's flourishing through the spread of capitalism and the rule of law
04 Jan 2016 Leave a comment
in economic history, politics - New Zealand, public economics
Oddly enough, the lost decades of New Zealand growth coincide with the rapid growth in the size of government between 1974 and 1992. The return of growth to New Zealand from 1992 after 17 years of stagnation and next to no real GDP growth coincided with the decline in the size of government.
Source: David Rea 2009.
Source: David Rea 2009.
Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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