You don't have to be an authoritarian nation to have large discretionary expenditure. Take for example the immense US expenditure in the military industrial complex. None of it is subject to market forces, yet macroeconomic modelling still captures it.
banqueiro_anarquista t1_j1zx62y wrote
Reply to comment by AudienceRemote5915 in Ask Anything Wednesday - Economics, Political Science, Linguistics, Anthropology by AutoModerator
You don't have to be an authoritarian nation to have large discretionary expenditure. Take for example the immense US expenditure in the military industrial complex. None of it is subject to market forces, yet macroeconomic modelling still captures it.