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I think there is data that says the opposite (particularly in the context of Piketty), there is a reduction of efficiency when too much is controlled by overly concentrated capital structures.



The data all shows that higher government spending is correlated with lower rates of economic growth.

This study both provides data and provides a number of citations to other studies which provide data on this correlation:

https://web.archive.org/web/20170821004405/http://ime.bg/upl...




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