HKS Affiliated Authors

Ford Foundation Professor of International Political Economy

Excerpt

The Tyranny of Political Economy. Dani Rodrik. February 8, 2013. Opinion. "There was a time when we economists steered clear of politics. We viewed our job as describing how market economies work, when they fail, and how well-designed policies can enhance efficiency. We analyzed trade-offs between competing objectives (say, equity versus efficiency), and prescribed policies to meet desired economic outcomes, including redistribution. It was up to politicians to take our advice (or not), and to bureaucrats to implement it..." Link verified June 19, 2014