Its interesting what you find on the internet after the baby wakes you up in the middle of the night. Tonight I found an interesting paper on Wagner's Law.
Wagner's Law is an economic theory that states that as a country develops and gets richer government inevitably increases as percentage of the economy.
The linked paper gets a little technical by the end but the first nine pages are a great overview of the theory.
http://www.unc.edu/~acpeters/Wagner.pdf
Wagner's Law is an economic theory that states that as a country develops and gets richer government inevitably increases as percentage of the economy.
The linked paper gets a little technical by the end but the first nine pages are a great overview of the theory.
http://www.unc.edu/~acpeters/Wagner.pdf
