From the list on voter preferences and democratic decision-making.
Who am I?
I am an economics professor and have been interested in applying economic methods to study political decision-making since my days as a graduate student. Too often, we think about government in terms of what we would like government to do rather than what government actually is capable of doing. In many cases, political decision-makers would be unable to obtain sufficient information to actually carry out the policies we think would be ideal, and even if they have the information, often they don’t have the incentive to do so. An economic approach to politics offers a more realistic way to understand political decision-making.
Randall's book list on voter preferences and democratic decision-making
Discover why each book is one of Randall's favorite books.
Why did Randall love this book?
Acemoglu and Robinson note that a productive and orderly society requires a government strong enough to protect the rights of its citizens, but that a government with sufficient power to protect people’s rights also has the potential to violate their rights and oppress its citizens. The power of government can be constrained by a strong civil society to balance that government power. Because societies are best off when the power of government is balanced by the power of civil society, there is a narrow corridor where the two are balanced. They discuss the challenges of remaining in that narrow corridor.
The Narrow Corridor
Why should I read it?
4 authors picked The Narrow Corridor as one of their favorite books, and they share why you should read it.
What is this book about?
"Why is it so difficult to develop and sustain liberal democracy? The best recent work on this subject comes from a remarkable pair of scholars, Daron Acemoglu and James A. Robinson. In their latest book, The Narrow Corridor, they have answered this question with great insight." -Fareed Zakaria, The Washington Post
From the authors of the international bestseller Why Nations Fail, a crucial new big-picture framework that answers the question of how liberty flourishes in some states but falls to authoritarianism or anarchy in others--and explains how it can continue to thrive despite new threats.
In Why Nations Fail, Daron…