Wiseman - Peacock Hypothesis | Public Finance | Explained in English and Malayalam

Alan Peacock and Jack Wiseman in their well-known 1961 monograph The Growth of Public Expenditure in the United Kingdom explained their hypothesis according to which government expenditure tends to evolve in a steplike pattern, coinciding with social upheavals, notably wars.
#Wiseman #Peacock #Hypothesis
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[@habisha3787]

Thnku sir😊

[@elvineldhose8620]

Well explained sir❤️

[@shibilashani39]

Its really useful.. Thankuh ♥️soo much sir..

[@JISHNU506]

😍😍😍😍