2min chapter

Odd Lots cover image

This Is Why It's So Hard To Cut Public Spending

Odd Lots

CHAPTER

Navigating the Pendulum of Public Spending and Political Credibility

This chapter examines the intricate relationship between public attitudes towards government spending and the evolving political landscape, where short-term sacrifices are made for potential long-term gains. It also delves into the cyclical trends of political choices in a two-party system, contrasting politician popularity with the credibility of state institutions, with echoes of historical examples like the Soviet Union.

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