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Book Reviews : Klaus Nielsen & Finn Valentin: Statsudgifter og kapitalistisk reproduction, Dansk Universitets Presse, Kobenhavn 1978, 253 pp:

Almost all modern capitalist countries experienced a spending-taxing explosion in the years after the Second World War. In Denmark tax revenue as a percent of GNP recently soared so fast in relation to other OECD member countries, that observers with an eye for political problems tagged it the ’Glistrup curve’. Similarly, public spending curves, while accelerating everywhere, especially in labourintensive sectors such as health, education and social security, moved up more abruptly in Denmark than elsewhere. Therefore, considering the current crisis, it is