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Bruce Bueno de Mesquita, Professor of Politics at NYU and Senior Fellow at Stanford University's Hoover Institution, discusses the incentives facing dictators and democratic leaders. He applies his insights to foreign aid, the Middle East, Venezuela, China's potential for evolution to a democratic system, and Cuba. He emphasizes the importance of freedom of assembly and freedom of the press for true democracy.
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Quick takeaways
- Democracies prioritize effective public policies while dictators focus on rewarding cronies.
- Dictators pursue nuclear weapons for political leverage and regional dominance.
Deep dives
Democracy versus Dictatorships
Democracies and dictatorships have different policy differences and face different incentives. Democracies need a larger winning coalition and aim to produce effective public policies to stay in power. In contrast, dictators have a smaller winning coalition and can afford to be more adventurous in war. Democracies are less likely to go to war and are risk-averse, while dictators are more willing to fight wars to grab resources and expand their control. Democracies also pursue economic policies that benefit the general public, while dictators focus on rewarding their cronies.
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Listen to the best highlights from the podcasts you love and dive into the full episode