A Political Theory of Populism

When voters fear that politicians may have a right-wing bias or that they may be influenced or corrupted by the rich elite, signals of true left-wing conviction are valuable. As a consequence, even a moderate politician seeking reelection chooses ‘populist’ policies--i.e., policies to the left of th...

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Bibliographic Details
Main Authors: Acemoglu, Daron, Egorov, Georgy, Sonin, Konstantin
Format: Working Paper
Language:en_US
Published: Cambridge, MA: Department of Economics, Massachusetts Institute of Technology 2011
Subjects:
Online Access:http://hdl.handle.net/1721.1/65159

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