Historian and author Adam Tooze talks to ProMarket about how the financial crisis “remade” American capitalism, why the US response to the crisis was “nakedly oligopolistic,” and how Europe could have solved its own crisis if it had an organized oligopoly of its own.
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Democracy sees higher GDP due to greater civil liberties, economic reform, increased investment and government capacity, and reduced social conflict.
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“Capitalism is the engine of prosperity.” “Capitalism sows the seeds of its own demise.” Could both things be true? Economists Kate Waldock and Luigi Zingales mull the answers in the new Stigler Center/CBR podcast Capitalisn’t.
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Ahead of his visit to the Stigler Center on October 25, Edward Luce, Washington columnist for the Financial Times and author of The Retreat of Western Liberalism, talks to ProMarket about the reasons for the weakening of Western liberal democracies.
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The second installment of our two-part interview with Harvard Business School professor David Moss about his recent book Democracy: A Case Study. “One of the reasons that the most dire warnings have never come true, except in one case, is precisely because our predecessors worried about them so much.”
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This is the first installment of a two-part interview we had with David Moss about his recently published book Democracy: A Case Study, which contains 19 case studies covering 223 years of American political conflicts and crises.
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A new Stigler Center working paper looks into the effects of referendums and public initiatives on public policy and finds that direct democracy better represents the will of the majority, and therefore might also be better able to counteract the power of special interests over policymaking.
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David Moss, the Paul Whiton Cherington Professor at Harvard Business School, will examine the health of American democracy from a historical perspective.
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