NEW PARADIGM

Dani Rodrik on the political economy of ideas

Highlighting the role of ideas as a catalyst for policy and institutional change.

BY

FORUM NEW ECONOMY

PUBLISHED

1. NOVEMBER 2019

READING TIME

1 MIN

Harvard economist Dani Rodrik in new paper highlights the role of ideas as a catalyst for policy and institutional change, making an explicit distinction between ideas and vested interests. Rodrik shows how they feed into each other. A must-read.

Dani Rodrik, Sharun Mukand, ‘The political economy of ideas: On ideas versus interests in policy-making’, NBER Working Paper, August 2019.

 

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After decades of overly naive market belief, we urgently need new answers to the great challenges of our time. More so, we need a whole new paradigm to guide us. We collect everything about the people and the community who are dealing with the question of a new paradigm and who analyze the historical and present impact of paradigms and narratives – whether in new contributions, performances, books and events.

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