
Sign up to save your podcasts
Or


William Easterly of New York University talks with EconTalk host Russ Roberts about the oft-heard claim that poor countries led by autocrats grow faster than poor countries that are democratic. Drawing on a recent paper, "Benevolent Autocrats," Easterly argues that while some autocracies do indeed grow very quickly, a much greater number do not. Yet, the idea that the messiness of democracy is inferior to a dictatorship remains seductive. Easterly gives a number of arguments for the perennial appeal of autocracy as a growth strategy. The conversation closes with a discussion of the limitations of our knowledge about growth and where that leaves policymakers.
By Russ Roberts4.7
42164,216 ratings
William Easterly of New York University talks with EconTalk host Russ Roberts about the oft-heard claim that poor countries led by autocrats grow faster than poor countries that are democratic. Drawing on a recent paper, "Benevolent Autocrats," Easterly argues that while some autocracies do indeed grow very quickly, a much greater number do not. Yet, the idea that the messiness of democracy is inferior to a dictatorship remains seductive. Easterly gives a number of arguments for the perennial appeal of autocracy as a growth strategy. The conversation closes with a discussion of the limitations of our knowledge about growth and where that leaves policymakers.

2,447 Listeners

2,271 Listeners

1,837 Listeners

1,509 Listeners

78 Listeners

983 Listeners

485 Listeners

22 Listeners

6,611 Listeners

549 Listeners

131 Listeners

2,049 Listeners

32 Listeners

740 Listeners

3,355 Listeners

702 Listeners

822 Listeners

8,439 Listeners

448 Listeners

146 Listeners

1,087 Listeners