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Bring back big gov, right? If only the economics, STUPID, could tell us more

Doctor Syntax Silver badge

One thing that mucks up your comparison a bit is that politically 45-73, at least in the UK, covers both Labour & Conservative governments. And Big Unions didn't really become powerful until Wilson's time.

Another factor is that any change in policy is going to have a lag before it becomes effective. How long is that? Does it vary from one change to another? And does it vary between different parts of the economy?

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