It’s widely known that governments in rich countries spend much more than governments in poor countries, even as a share of GDP. There are a number of possible explanations of this pattern. Perhaps rich countries choose to consume more government services, such as education, health care and pensions. Or maybe it’s hard to extract a [...] View the full post at: Government Spending in Rich Countries Related posts: Preferences for Redistribution: The Crisis, Reduced Inequality, and Soak-the-Rich Populism How to Get Rich Is it “Schlocky” to Compare Life Expectancies Between Countries?