As the pandemic has raced internationally, the policy response has continued to be tempered by political realities. Some members of the public, and a few policymakers, have resisted the recommendations of public health specialists, hoping for relaxed restrictions and a return to normalcy before the risks have handed. At the same time, enterprise interests have pressed for exceptions to profit themselves, and for substantial subsidies—bailouts—to help them by way of difficult occasions.
Washington, “Segregation and Black Political Efficacy,” NBER Working Paper No. 13606, November 2007, and Journal of Public Economics, vol. Rainer, “Does the Leader’s Ethnicity Matter? Ethnic Favoritism, Education and Health in Sub-Saharan Africa,” Working Papers , Department of Economics, Bar-Ilan University, 2012. The recent financial crisis has revived curiosity within the political economy of economic markets. For instance, Sumit Agarwal et al. 54 study the inconsistent behavior of regulators, which has increased confusion in markets because state-versus-federal laws … Read More
