Economics versus Politics: Pitfalls of Policy Advice

The standard approach to policy-making and advice in economics implicitly or explicitly ignores politics and political economy, and maintains that if possible, any market failure should be rapidly removed. This essay explains why this conclusion may be incorrect; because it ignores politics, this ap...

Ausführliche Beschreibung

Bibliographische Detailangaben
Hauptverfasser: Acemoglu, Daron, Robinson, James
Format: Working Paper
Sprache:en_US
Veröffentlicht: Cambridge, MA: Department of Economics, Massachusetts Institute of Technology 2013
Schlagworte:
Online Zugang:http://hdl.handle.net/1721.1/79064