Surprisingly, left governments adopted more conservative fiscal policies than right governments in recent economic crises. Governments did not choose these policies freely; rather, the financial markets imposed them. Nonetheless, argues Damian Raess, they appear to have dire electoral consequences: left-leaning voters are increasingly voting with their feet Read more
You might think the US would be world champion of household debt, yet the highest private indebtment has always been in the Nordic countries, where inclusive welfare makes debt into an investment. But debt takes on different forms, writes Martino Comelli, and gerontocratic welfare and consumer credit is a burden for those in other nations Read more
Cutting-edge analysis showcasing the work of the political science discipline at its best.