3 ms·
ok, I'll bite. Interesting hypothesis. What's the control? Given that government exists and has a significant role in the system, how can we control for that in
by quadrangle 13y ago
ok, I'll bite. Interesting hypothesis. What's the control? Given that government exists and has a significant role in the system, how can we control for that in order to identify whether it is cause, correlation, or mere coincidence?
For the record, I think the issue with government isn't government per se but the extreme levels of regulatory capture.
- eru 13y agoYou can try and compare different countries. Some have much bigger governments than others. (E.g. Singapore's government lives of ~15% of GDP. European governments are typically closer to ~50% of GDP.)
- quadrangle 13y agoHoly moly, you could not pick a worse control comparison than a city-state financial center when trying to discuss economics of large diverse countries.