A lesson from England on economics: smaller government is better government.

A study from Britain shows what conservative thinkers have known all along; bigger government (more taxes) limits growth.

 

From the article: “in developed countries from 1965 to 2010, a higher tax-to-GDP ratio has “a statistically significant, negative effect on growth.” The same is true of spending: The higher it goes, the worse growth gets.”

Here’s a short video that relates the findings by way of infograph.

Here’s the story.

 

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