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The upside of polarisation?

CAMBRIDGE  —  While there are no ironclad laws of politics, two tendencies in the United States, midterm swings against the incumbent party (the “midterm blues”) and the negative electoral effects of inflation and unemployment (“political business cycles”), come pretty close. US President Joe Biden, whose approval rating has sunk for the past year, and the Democrats should not
United Kingdom United States Jamesa Robinson Enrico Moretti Daron Acemoglu Joe Biden

The upside of polarisation?

CAMBRIDGE  —  While there are no ironclad laws of politics, two tendencies in the United States, midterm swings against the incumbent party (the “midterm blues”) and the negative electoral effects of inflation and unemployment (“political business cycles”), come pretty close. US President Joe Biden, whose approval rating has sunk for the past year, and the Democrats should not
United Kingdom United States Jamesa Robinson Enrico Moretti Daron Acemoglu Joe Biden

Cracks in democracy's economic foundation

Project Syndicate (PS): Last July, you wrote that economists and investors were right to be apprehensive about deficit spending, public debt, and the risk of sustained price growth, but “it would be a mistake to respond to these concerns by pumping the brakes on the economy.” US inflation has now reached its highest level in decades, and the US Federal Reserve (Fed) is taking
United States United Kingdom Jamesa Robinson Donald Trump Vladimir Putin Daron Acemoglu

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Can conservatism reform itself?

BOSTON — The squabbling that has erupted within the US Democratic Party following its loss in the recent Virginia gubernatorial election has convinced many observers that the Republicans will handily retake the House of Representatives next year. In fact, it is the right whose future is most uncertain — a problem for which we are all paying the price.
United States United Kingdom Winston Churchill Jamesa Robinson Angela Merkel Donald Trump

Can conservatism reform itself?

BOSTON — The squabbling that has erupted within the US Democratic Party following its loss in the recent Virginia gubernatorial election has convinced many observers that the Republicans will handily retake the House of Representatives next year. In fact, it is the right whose future is most uncertain — a problem for which we are all paying the price.
United States United Kingdom Winston Churchill Jamesa Robinson Angela Merkel Donald Trump

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