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AER study: The economic cost of populism is high. Under populist rule, "GDP per capita is 10 percent lower compared to a plausible nonpopulist counterfactual. Economic disintegration, decreasing macroeconomic stability, and the erosion of institutions typically go hand in hand with populist rule." (reddit)
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smurfyjenkins
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on Tue, 28 Nov 2023 14:43:36 GMT.
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