I’m not sure this is necessarily showing a trend of expansive government. It see... | Hacker News

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		earthnail on Sept 14, 2024 \| parent \| context \| favorite \| on: Thomas Piketty: 'The Draghi report is a step in th... I’m not sure this is necessarily showing a trend of expansive government. It seems to correlate well with the aging of societies. To be clear, when I write not sure I mean not sure, not “no”.

ETH_start on Sept 17, 2024 [–]

The share of GDP that is constituted by government spending, let alone the inflation-adjusted volume of government spending, has risen far faster than the proportion of the population that is elderly.

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