12min chapter

More or Less: Behind the Stats cover image

How do you count millionaires?

More or Less: Behind the Stats

CHAPTER

Public Sector Productivity and Economic Theories

This chapter examines the economic theories related to public sector productivity, emphasizing the Baumol Effect and the challenges faced by sectors like the NHS. It features a lively discussion on public spending, private school fees, and predictions about student movements, culminating in a friendly wager among policy experts.

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