Tag Archives: Political Economy
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Minju Kim
Presidents have long sought to shape the federal bureaucracy. But few have challenged it as aggressively as Donald Trump. Throughout his political career, Trump has argued that unelected bureaucrats—the so-called “deep state”—exercise too much influence over government policy. In his March 4, 2025 address to Congress, he declared, “The days of rule by unelected bureaucrats are […]
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Gabriel Cepaluni
We live through a strange paradox. Liberal democracy and the market economy produced the greatest expansion of prosperity in history — yet faith in both is fraying at once, pressed by authoritarianism, populism, and a sense that the economy works only for those at the top. The question behind Capitalism and Development: Steering Markets Toward […]
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Keyi Tang
In 2012, Zambian President Michael Sata launched “Link Zambia 8000,” pledging 8,000 kilometers of new roads. Billions flowed from China, the World Bank, and OECD financiers. A decade later, less than 10% was completed. The new tarmac clustered in the Northern Province—a ruling-party stronghold—while the opposition’s Southern Province remained a patchwork of dusty tracks. As […]
Read More
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Pamela Ban, Ju Yeon Park, Hye Young You
Members of Congress play a critical role in shaping policy on a vast array of complex issues — from climate change to healthcare, national security to agriculture. Yet, they are not experts in these fields. Instead, they rely on external sources of information to guide their legislative decisions. But who provides this information, and how […]
Read More
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Belén Fernández Milmanda
How do landowners protect their interests in contemporary democracies? Classic social science studies have argued that landowners’ economic interests are incompatible with democracy, as democratization should lead to the increasing taxation or even expropriation of their assets in response to redistributive demands from the poor. However, agrarian elites and democracy have coexisted in Latin America […]
Read More
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Miles M. Evers, Eric Grynaviski
Beginning in the 1850s, the United States took its first, incautious steps toward developing an overseas empire in the Pacific. In the end, the empire would help defeat Japan during World War II. The bloodiest and most infamous battles of the Pacific War were fought on possessions gained by American imperialists. The first American shots […]
Read More
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Robert Kubinec
Despite the costly efforts of Arab activists and citizens over the past decade of the Arab Uprisings, today no Arab state can claim to be fully democratic. Two countries, Egypt and Tunisia, traveled farthest down the path towards democracy, and Tunisia witnessed ten years of democratic elections–but today neither country protects the rights of citizens […]
Read More
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Torben Iversen, Philipp Rehm
A central function of the state is to provide insurance against the vagaries of life and markets, such as accidents, ill health, old age, or unemployment. Collectively, these mandatory risk pooling arrangements are known as social insurance, or the welfare state. According to influential accounts in the literature, the welfare state exists because (social) insurance […]
Read More
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Minju Kim
Presidents have long sought to shape the federal bureaucracy. But few have challenged it as aggressively as Donald Trump. Throughout his political career, Trump has argued that unelected bureaucrats—the so-called “deep state”—exercise too much influence over government policy. In his March 4, 2025 address to Congress, he declared, “The days of rule by unelected bureaucrats are […]
Read More
-
Gabriel Cepaluni
We live through a strange paradox. Liberal democracy and the market economy produced the greatest expansion of prosperity in history — yet faith in both is fraying at once, pressed by authoritarianism, populism, and a sense that the economy works only for those at the top. The question behind Capitalism and Development: Steering Markets Toward […]
Read More
-
Keyi Tang
In 2012, Zambian President Michael Sata launched “Link Zambia 8000,” pledging 8,000 kilometers of new roads. Billions flowed from China, the World Bank, and OECD financiers. A decade later, less than 10% was completed. The new tarmac clustered in the Northern Province—a ruling-party stronghold—while the opposition’s Southern Province remained a patchwork of dusty tracks. As […]
Read More
-
Pamela Ban, Ju Yeon Park, Hye Young You
Members of Congress play a critical role in shaping policy on a vast array of complex issues — from climate change to healthcare, national security to agriculture. Yet, they are not experts in these fields. Instead, they rely on external sources of information to guide their legislative decisions. But who provides this information, and how […]
Read More
-
Belén Fernández Milmanda
How do landowners protect their interests in contemporary democracies? Classic social science studies have argued that landowners’ economic interests are incompatible with democracy, as democratization should lead to the increasing taxation or even expropriation of their assets in response to redistributive demands from the poor. However, agrarian elites and democracy have coexisted in Latin America […]
Read More
-
Miles M. Evers, Eric Grynaviski
Beginning in the 1850s, the United States took its first, incautious steps toward developing an overseas empire in the Pacific. In the end, the empire would help defeat Japan during World War II. The bloodiest and most infamous battles of the Pacific War were fought on possessions gained by American imperialists. The first American shots […]
Read More
-
Robert Kubinec
Despite the costly efforts of Arab activists and citizens over the past decade of the Arab Uprisings, today no Arab state can claim to be fully democratic. Two countries, Egypt and Tunisia, traveled farthest down the path towards democracy, and Tunisia witnessed ten years of democratic elections–but today neither country protects the rights of citizens […]
Read More
-
Torben Iversen, Philipp Rehm
A central function of the state is to provide insurance against the vagaries of life and markets, such as accidents, ill health, old age, or unemployment. Collectively, these mandatory risk pooling arrangements are known as social insurance, or the welfare state. According to influential accounts in the literature, the welfare state exists because (social) insurance […]
Read More
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