ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax


That is exactly why we need to limit the damage they can do by reducing government.
That is exactly why per capita real gdp growth in the US has been about 50% higher since we started having large scale government intervening then it did in the era of small government.
The evidence is overwhelming that despite government inefficiencies that free-market capitalism has performed much better in partnership with government then it did in the absence of large government.
We have numerous examples of countries (economies) shifting from small government to large government
and I can not think of a single example of such a shift leading to a slower growth rate of the economic well being of the population.
The communist countries were not mixed-capitalist economies.
Show me a single example of a mixed economy country shifting from small government to large government that has been accompanied by a significant downward shift in the growth rate of the economic well being of the population.
I'm politely skeptical of that, and the other claims in that post.
Spencer, would you agree that "large scale government intervening" started with the New Deal in 1933, and "the era of small government" was everything before that?
Or would you prefer to put the dividing line at 1965 with the Great Society?
Either way, I believe you're greatly mistaken when you say that GDP/capita grew at a rate 50% higher after the period than before it.