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by pestatije 5 days ago
> high economic growth is largely caused by low government spending

not true...anybody with such simplistic economic opinions should really just do an 101 on economics

leaving your country? to go where? and once your there, what are you gonna do?

1 comments

As evidence you refer to your own site?
Stuff like this is why I always read to the bottom of the comments.

People on HN are really something.

bots? or "engineer's disease" writ large? you be the judge
so? it’s open source you can reproduce the research findings. i did the research so don’t claim i don’t know the subject
Did you ask an ai to critique? Gemini have some points that weren't addressed in the post (which I barely skimmed), here's the summary of summary of summary:

Omitted Variable Bias: Conflates development stage with state size. Developing nations have small governments and high catch-up growth; mature economies have large safety nets and slower frontier growth.

Bad Extrapolation: The power-law model predicts ~36% growth at 0% spending. In reality, 0% spending means a failed state with no property rights or rule of law.

Lacks Basic Controls: Ignores panel fixed effects, reverse causality (Wagner's Law), and bundles productive infrastructure with welfare transfers.

it’s addressed in the artixle but probably gemini has not large enough context windown the article is pretty long (30min read)