Rahn curve
id:
rahn-curve-289-16530312
title:
Rahn curve
text:
The Rahn curve is a graph used to illustrate an economic theory, proposed in 1996 by American economist Richard W. Rahn, which suggests that there is a level of government spending that maximizes economic growth. The theory is used by classical liberals to argue for a decrease in overall government spending and taxation. The inverted-U-shaped curve suggests that the optimal level of government spending is 15–25% of GDP.
brand slug:
wiki
category slug:
encyclopedia
description:
Graph of economic growth theory
original url:
https://en.wikipedia.org/wiki/Rahn_curve
date created:
date modified:
2022-06-07T03:49:10Z
main entity:
{"identifier":"Q7283545","url":"https://www.wikidata.org/entity/Q7283545"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/a/ac/Rahn_Curve.svg","width":512,"height":307}
fields total:
13
integrity:
15