POPULISM AND THE ‘NARROW CORRIDOR’ OF LIBERTY AND JUSTICE

Marcus Miller and Benjamin Zissimos

National Institute Economic Review, 2022, vol. 259, 31-50

Abstract: Populist responses to matters of social concern are considered in a framework like that of Acemoglu and Robinson’s ‘narrow corridor’ that supports liberty and justice. We discuss the risk that such responses could result in a country being pushed out of this narrow corridor—and, if so, with what long-run consequences. We conclude that a political system of ‘checks and balances’ can play a key role in keeping the society within the narrow corridor; but it is incumbent on the existing political system to confront the issues of populist concern so as to come up with creative solutions.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:cup:nierev:v:259:y:2022:i::p:31-50_5

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