How Politics and Economics InteractEven optimal economic policies create winners and losers, and that’s where politics steps in. Trade liberalization is an example of a policy that can make a country better off as a whole, but what happens to workers who lose out to cheaper goods? Jeffry Frieden says while politics is often messy, it’s how society puts a value on things economists can’t measure.JEFFRY FRIEDENPolitical economy | March 2024A Place for PoliticsPolitics is often messy, but it’s how society puts a value on things economists can’t measureJEFFRY FRIEDENPolitical economy | June 2020The Political Economy of Economic PolicyWe should pay closer attention to the interactions between politics, economics, and other realmsJEFFRY FRIEDENSee AlsoMagazine ArchivesCountry FocusBlogs
