Democracy’s Future: Do Economists Know Best?

Recent works on regime types have led to confusion and a tendency to overstate the differences between established and newer democracies.

Complaining about parties and politicians is common everywhere, but troubled Peru has devolved into a cautionary tale for what a democracy without established parties and professional politicians can look like.

Is democracy threatened by a “reverse wave”? Examining regional patterns and distinguishing between different types of democracy gives us a new basis for assessing this question. Listen to the podcast with…