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Tag: simon johnson

Capitalism Without Democracy — China Has It, Trump May Try It Too

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Post date November 13, 2024

Trump and Xi Jinping in 2019 Bernd Von Jutrczenka/DPA via ZUMA

Many experts are counting on Trump’s economic policies to be a disaster. But that doesn’t have to happen: he could leave the economy to his advisors, and focus his attention on consolidating power.

Tags capitalism, daron acemoglu, democratic institutions, economic prosperity, economic success, global corporations, industrial policy, populists and economy, simon johnson, tariffs and growth, treasury secretary candidates

Economy Ideas

Economics Nobel, A View From The East: Revenge Of The State

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Post date October 16, 2024

Counting votes from an Electronic Voting Machine (EVM) at a polling counting centre in Srinagar, India on Oct. 8, 2024, during regional elections Saqib Majeed/SOPA Images via ZUMA

Honoring the research of Daron Acemoglu, Simon Johnson and James Robinson marks a comeback for the importance of public institutions in economics.

Tags colonialism, daron acemoglu, economic development, economics, extractive institutions, inclusive institutions, institutions, james robinson, nobel prize, political power, property rights, shock therapy, simon johnson, the great divergence, washington consensus

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