Show HN: Script to determine when government intervention is legitimate
Category: other
Tags: economics, data-visualization, government-spending
Score: 4.0/10 (Innovation: 5, Technical: 3, Documentation: 5, Utility: 4)
This project presents an interactive data visualization challenging the Armey Curve theory, which posits an optimal government spending level for economic growth, by analyzing real-world data from 151 countries. It proposes alternative statistical models like power law to better fit the observed negative relationship between spending and growth. The analysis is interesting for its policy implications and empirical challenge to a widely-taught economic concept.
Target audience: data scientists, economists, policy analysts
Repository: https://julienreszka.github.io/economic-simulator/armey-curve.html
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