Is Trump an Economic Despot? (with Daron Acemoglu)
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Trust and the U.S. Economy
This chapter explores the dual factors of innovation and global trust in U.S. assets that have bolstered the economy, while also warning about the threats posed by eroding institutional trust and the misuse of executive power. It critiques the increasing acceptance of autocratic leadership and the potential repercussions for democracy, particularly among younger generations. The discussion further emphasizes the interconnectedness of economic and democratic institutions, stressing the need for restoring public faith and working towards collective prosperity.
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