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Political origin of economic problems

Author

Listed:
  • Luiz Carlos Bresser-Pereira
  • Yoshiaki Nakano

Abstract

This paper presents so conveyed idea nowadays that the economic problemshave a political origin, or that the economic problems have not been solved because of lackof political support. We show how the acceptation of these ideas is related to the appearanceof the School of Public Choice, or School of National Choice – an analysis of a neoliberalcharacter – and the called political macroeconomics. We discuss how these approaches leadto the proposition of adopting compensatory social policies which may guarantee the governmentlegitimacy. JEL Classification: B20; B41; O10; D70.

Suggested Citation

  • Luiz Carlos Bresser-Pereira & Yoshiaki Nakano, 1995. "Political origin of economic problems," Brazilian Journal of Political Economy, Center of Political Economy, vol. 15(2), pages 163-178.
    • Handle: RePEc:ekm:repojs:v:15:y:1995:i:2:p:163-178:id:1234
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1234/1219
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    Keywords

    Political economy; economic methodology; history of economic thought; economic development;
    All these keywords.

    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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