Show HN: Script to determine when government intervention is legitimate
The Armey Curve theory, which suggests an optimal level of government spending for economic growth, does not hold up against real-world data. Instead, countries with lower government spending tend to achieve higher growth rates, contradicting the traditional quadratic model. The data indicates that government spending negatively impacts GDP growth from the first dollar spent, with alternative models like power law providing better explanations for growth variations.
- ▪The Armey Curve proposed an inverted U-shaped relationship between government spending and economic growth.
- ▪Real-world data shows that countries with lower government spending consistently achieve higher growth rates.
- ▪The power law model explains approximately 42% of the variation in growth rates among countries, making government spending a crucial determinant of economic performance.
Hacker News (Newest) files mainly under programming. We currently carry 5,306 of its stories.
Story provenance
Source · retrieval · rights · ranking — open for full record
inspect →
Story provenance
Attribution is not the same as permission. This drawer separates discovery metadata, excerpts, WeSearch-generated summaries, reuse status, and whether the publisher receives the visit. Nothing here claims a legal grant the publisher has not made.
Record
| Original publisher | Economic Curves Simulator |
| Canonical URL | https://julienreszka.github.io/economic-simulator/armey-curve.html |
| Publication time | Sun, 24 May 2026 16:22:22 +0000 |
| Retrieval time | 2026-05-24T16:37:33.328Z |
| Last seen | 2026-05-24T16:37:33.328Z |
| Headline source | Publisher (no WeSearch rewrite) |
| Excerpt source | publisher body |
| Excerpt method | First ~120 words (~800 chars) of extracted publisher body, fair-use limited. |
| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
| Citation coverage | Summary is a WeSearch-generated derivative; primary citation is the original publisher URL. |
| Cluster | HLnaiN8BTTjd |
| Cluster logic | Grouped by semantic title/content similarity across sources within a rolling window. Same-publisher template collisions are excluded from coverage comparison. |
| Ranking reason | Story pages are not engagement-ranked. Hub feeds use recency, with optional source-diversified chronological ordering (cap consecutive stories per source). No personalized ranking. |
| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
Rights status (four layers)
WeSearch handling by dimension
| Indexing | May the item be indexed (stored, ranked, made findable)? | Allowed |
| Snippet | May a short excerpt of the publisher's text be shown? | Allowed |
| AI summary | May WeSearch generate its own short summary of the article? | Limited |
| Retrieval / RAG | May the content be exposed for third-party retrieval-augmented generation? | Not asserted |
| Model training | May the content be used to train AI models? | Not asserted |
| Commercial reuse | May the content be reused commercially? | Not permitted |
Basis: Derived from the published RSS/Atom feed. Contact: [email protected]. Reviewed: 2026-07-24.
Opening excerpt (first ~120 words) tap to expand
The theory seemed reasonable: The Armey Curve suggested an inverted U-shaped relationship between government spending and economic growth. Named after economist Richard Armey, this curve claimed there exists an optimal level of government spending that maximizes economic growth. But here's the problem: When you actually look at real-world data from dozens of countries over multiple decades, the theory doesn't hold up. Countries with lower government spending consistently achieve higher growth rates, while high-spending countries cluster in the low-growth zone.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Economic Curves Simulator.
Discussion
0 commentsMore from Economic Curves Simulator
