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Garett Jones on Democracy (More or Less)

Conversations with Tyler

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Navigating Governance and Accountability

This chapter evaluates the effectiveness of IMF programs and explores the balance between the influence of bondholders and voters in governance. It discusses electoral systems, accountability, and the implications of shorter-term incentives in politics, advocating for mechanisms that enhance personal responsibility among politicians. Additionally, the chapter draws comparisons between different governance models and the resilience of small economies while challenging traditional notions of democracy through the lens of professional sports.

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