What is Rahn Curve
The Rahn curve is a graph used to illustrate an economic theory, proposed in 1996 by American economist Richard W. Rahn, which suggests that there is a level of government spending that maximizes economic growth. The theory is used by classical liberals to argue for a decrease in overall government spending and taxation. The inverted-U-shaped curve suggests that the optimal level of government spending is 15-25% of GDP.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Rahn curve
Chapter 2: Keynesian economics
Chapter 3: Microeconomics
Chapter 4: Macroeconomics
Chapter 5: Neoclassical economics
Chapter 6: Tax
Chapter 7: IS-LM model
Chapter 8: Satisficing
Chapter 9: Fiscal policy
Chapter 10: Robert Solow
Chapter 11: Welfare economics
Chapter 12: Tax cut
Chapter 13: Allocative efficiency
Chapter 14: Optimal foraging theory
Chapter 15: Optimum currency area
Chapter 16: Neoclassical synthesis
Chapter 17: Richard W. Rahn
Chapter 18: Laffer curve
Chapter 19: Flypaper effect
Chapter 20: Economics of science
Chapter 21: Optimal labor income taxation
(II) Answering the public top questions about rahn curve.
(III) Real world examples for the usage of rahn curve in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Rahn Curve.