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(Classic Episode) Tyler Cowen: The Dark Side of Talent, Sorting and Institutions

From the New World

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What Are the Mistakes of the Right Wing Populists?

I think there's a tendency of poorer countries to copy higher status countries, sometimes in good ways, but very often in bad ways. So I go, the high status countries did lockdowns, lockdowns are the thing to do and India did them. And you would consider this a more populist manifestation? I'm not always sure what that word means. But it was done by a right wing populist government, which was and remains highly popular, even after five million people died. The economy shrunk by what about 20%. You don't understand the political economy of all that. But I see that they did it. Yeah, I think this this line is a bit limited by my lack of understanding

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