Politics & economics: a strange reversal of roles

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Politics had assumed that growth was the autonomous variable that happened on its own, but distribution required state intervention

Topics
BS Reviews | economy | Policy


It’s unclear why this happened but, increasingly visibly, economics and politics have swapped roles. Thus, there was a time when post-1945 economics was concerned with economic growth and politics with distributing the fruits of that growth.


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First published: Friday, June 17, 2022. 11:16 p.m. IST

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