Topic: Clientelism
Quotes
Posts
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It's Not Socialism, It's Clientelism
Most of what passes for ‘socialism’ in the U.S. today is actually clientelism, the exchange of favors for political support. Based on the examples of Venezuela and Post-soviet Russia, that’s likely even worse.
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What Does It Mean To Impact Institutions? Tiebout vs. Cascade Models of Institutional Change
The most plausible argument for mass immigration would be something like factor efficiency plus Tiebout competition. Labor mobility improves people’s lives in the short run by letting labor move to where it’s most productive, a straightforward implication of welfare economics. It also improves lives in the long run by letting . . .
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More Rents, Less Growth
The abysmal growth record of Russia after the fall of Communism is supposed to cast a pall over market-led reforms. What’s in the way? Austerity and neoliberalism or something, if you go by the word on the street. The New York Times in fact answered the question brilliantly just the . . .