Private Finance Template
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I never claim to estimate the socially-optimal size of finance” at 8.267% of GDP, so there…After all, if a bunch of academics could sit around our offices and choose which industries had been too huge,” which ones had been too modest,” and close our papers with policy recommendations” to remedy the matter, central preparing would have worked. A little…modesty suggests we concentrate on documenting the distortions, not pronouncing on optimal business sizes. Documenting distortions has …