Douglas Weldone — Political Economy Trumps Macroeconomics

It is worth remembering that many of supposed macroeconomic problems are not intractable, the problem is as much one of political economy as of economics. This lead me to think that policies that take into account the wider politicial economy environment – and seek to change it – are more likely to succeed that policies which rely on traditional macroeconomic tools.

TouchStone
Political Economy Trumps Macroeconomics
Douglas Weldone