3min chapter

From the New World cover image

Noah Smith: We Can Build Again

From the New World

CHAPTER

The Consequences of Supply Side Liberalism

Yeah, I do think there's a kind of political economy problem like it's very funny. The downstream lesson of supply side liberalism or of state capacity or libertarianism should be that actually you know these semi-elite institutions are better sheltered from democracy than appointed positions such as NEPA. When when someone says 10% less democracy everyone instantly thinks dictator because that's why that was a really terrible phrase to pick by the way.

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