The Intelligence from The Economist cover image

State of profusion: governments just keep growing

The Intelligence from The Economist

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Introduction

State spending over the past yer and a half has really, really gone up a lot. Is gone up by ten to 20 trillion dollars globally, depending on ha measure. It's the most extraordinary expansion of state capacity on record. A growing central government isn't just an american trend. But somewhere along the way, we stopped investing on ourselvs,. We risked losing our edge as a nation.

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