tut comments on What legal ways do people make a profit that produce the largest net loss in utility? - Less Wrong

2 Post author: Punoxysm 25 March 2014 01:53AM

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Comment author: tut 25 March 2014 10:40:14AM *  6 points [-]

Your conclusion is probably true. But your Leeson quote is comparing the percentage of GDP that goes to things he wants to the percentage of the state's recurrent expenditure that is military spending. Those numbers are not even enough to distinguish Barre from for example a government that just defends the people against external enemies and otherwise lets everyone handle their own affairs.

Comment author: michaelkeenan 25 March 2014 07:20:20PM 3 points [-]

Oh, thanks for pointing that out! I'd not noticed he switched from GDP to the government budget; I'd been thinking it was all the government budget.