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Lies, Damn Lies, and Conventional Measures of the Growth of Government
By Robert Higgs
This article appeared in the Summer 2004 issue of The Independent Review


Abstract

Conventional measures of the size and growth of government often understate what they purport to measure. As government spending grows, government spending relative to gross domestic product tends to decelerate because government spending enters into both the ratio’s numerator and its denominator; and government employment relative to total employment suffers similar and additional flaws.



Other Independent Review articles by Robert Higgs
    Fall 2014   Ronald Coase, Anomalous Superstar of the Economics Profession
    Summer 2014   The Fed’s Immiseration of People Who Live on Interest Earnings
    Spring 2014   The Salmon Trap: An Analogy for People’s Entrapment by the State
[View All (47)]



Volume 9 Number 1
Summer 2004

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