Democracy promotes economic development (Naidu et al. 2014, Acemoglu et al. 2019). However, a rising internal threat is spreading across democracies worldwide: populism (Tabellini 2019, Guriev and Papaioannou 2022). One way to conceptualise populism is as a ‘thin-centered’ ideology that views society as fundamentally divided into two homogeneous, opposing groups: ‘the people’ against ‘the elite’. […]
In September 1433, Cosimo de’ Medici, the founder of the Medici dynasty, was summoned to appear before the Signoria, the government of Florence, to be informed of his exile from the city. This decision resulted from the allegation that Cosimo had attempted to manipulate the outcomes of the selection process for government members. In response, […]
Some of Donald Trump’s policy proposals could have profound macroeconomic implications, but there is large uncertainty around the (net) economic effects a second Trump term would have. For instance, would the US dollar appreciate due to new tariffs, or would it fall in the face of Trump’s repeated vocal opposition to a strong dollar? And […]
Social media provides a crucial access point to information on a variety of important topics, including politics and health (Aridor et al. 2024). While it reduces the cost of consumer information searches, social media’s potential for amplification and dissemination can also contribute to the spread of misinformation and disinformation, hate speech, and out-group animosity (Giaccherini […]
