Autor: Antonio Merlo

Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as incons …

Most of economics takes politics for granted. Through some (often implausible) assumptions, it seeks to explain away political structures by characterizing them as stable and predictable or as incons …

The ruling class plays a major role in society. It makes possible what would otherwise be infeasible, by removing constraints that may stand in the way of long-term growth. Historically, economists d …