Tuesday, March 26, 2013

Textbook Right-Wing Economics Can Ruin The Economy

Textbook Right-Wing Economics Can Ruin The Economy: Daron Acemoglu, an economist at MIT, and James Robinson, a political scientist and economist at Harvard, provide an interesting academic analysis of how mainstream (i.e., mainly conservative) economic policies centered on privatization, deregulation, and free trade lead to unwanted social outcomes. Echoing warnings from progressives about the consequences of right-wing policies, Acemoglu and Robinson (authors [...]/p