Economics versus Politics: Pitfalls of Policy Advice

Economics versus Politics: Pitfalls of Policy Advice

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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...

Bibliografiset tiedot
Päätekijät:	Acemoglu, Daron, Robinson, James
Aineistotyyppi:	Working Paper
Kieli:	en_US
Julkaistu:	Cambridge, MA: Department of Economics, Massachusetts Institute of Technology 2013
Aiheet:	economic policy market failures policy advice political economy politics
Linkit:	http://hdl.handle.net/1721.1/79064

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