Sunday, 17 September 2023

No 270: Populist Leaders Are Bad At Economics

 A good topic here for possible PPE students to look at.

This short article https://www.theguardian.com/commentisfree/2023/sep/17/populist-leaders-bad-for-economy-but-hard-habit-to-break features some academic research about the effect of Populist leaders:

once they get into office they tend to stay for twice as long as non-populists. They are annoyingly good at politics, but very bad at economics.... a populist leader hits a country’s GDP per capita and living standards by about 10% over 15 years

No comments:

Post a Comment