The Optimum Level of Government Spending

International Liberty

Echoing remarks earlier this month to a group in Nigeria, I spoke today about fiscal economics to the 2022 Africa Liberty Camp in Entebbe, Uganda.

During the Q&A session, I was asked to specify the ideal amount of government spending. I addressed that issue in an April interview while visiting Spain.

You’ll notice that I didn’t give a specific number in the above video. Just like I didn’t give a specific number to the audience in Uganda.

That’s because there is not an exact answer. The only thing we can definitively state is that government in most nations should be far smaller than it is today.

This is illustrated by the “Rahn Curve,” which I discussed both in the interview and in my speech today.

What is the Rahn Curve? Here’s some of what I wrote back in 2015.

…it shows the non-linear relationship between the size of…

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