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Individualism, Polarization and Recovery from the COVID-19 Crisis

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  • Barry Eichengreen

    (University of California, Berkeley)

Abstract

Political polarization, meaning sharp differences in the political ideologies and preferences of the partisans of different parties, implies that members of one party are more likely to dismiss the policies and recommendations of spokesmen and appointees of the other party on the grounds that those policies and recommendations are informed by value systems inimical to their own. In the US, this means that when spokesmen for one party endorse masks, members of the other party reject them instinctively and automatically.

Suggested Citation

  • Barry Eichengreen, 2020. "Individualism, Polarization and Recovery from the COVID-19 Crisis," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(6), pages 371-374, November.
    • Handle: RePEc:spr:intere:v:55:y:2020:i:6:d:10.1007_s10272-020-0928-7
    DOI: 10.1007/s10272-020-0928-7
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    References listed on IDEAS

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    1. Eichengreen, Barry & Aksoy, Cevat Giray & Saka, Orkun, 2021. "Revenge of the experts: Will COVID-19 renew or diminish public trust in science?," Journal of Public Economics, Elsevier, vol. 193(C).
    2. Alberto Alesina & Reza Baqir & William Easterly, 1999. "Public Goods and Ethnic Divisions," The Quarterly Journal of Economics, Oxford University Press, vol. 114(4), pages 1243-1284.
    3. Nathan Canen & Chad Kendall & Francesco Trebbi, 2020. "Unbundling Polarization," Econometrica, Econometric Society, vol. 88(3), pages 1197-1233, May.
    4. Allcott, Hunt & Boxell, Levi & Conway, Jacob & Gentzkow, Matthew & Thaler, Michael & Yang, David, 2020. "Polarization and public health: Partisan differences in social distancing during the coronavirus pandemic," Journal of Public Economics, Elsevier, vol. 191(C).
    5. Aksoy, Cevat Giray & Eichengreen, Barry & Saka, Orkun, 2020. "The Political Scar of Epidemics," SocArXiv p25nh, Center for Open Science.
    6. Jesus Fernandez-Villaverde & Charles I. Jones, 2020. "Macroeconomic Outcomes and COVID-19: A Progress Report," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 51(3 (Fall)), pages 111-166.
    7. Samuel Bazzi & Martin Fiszbein & Mesay Gebresilasse, 2020. "Frontier Culture: The Roots and Persistence of “Rugged Individualism” in the United States," Econometrica, Econometric Society, vol. 88(6), pages 2329-2368, November.
    8. Paola Giuliano & Antonio Spilimbergo, 2014. "Growing up in a Recession," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 81(2), pages 787-817.
    9. repec:zbw:bofitp:2020_014 is not listed on IDEAS
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