Lesson 3 of 3Module 1 · 0% of course
Adjacent: Political Ideas · Ideas

Political Economy

How politics shapes economic outcomes and vice versa: collective action, interest groups and rent-seeking, the median voter, institutions (Acemoglu and Robinson), and central bank independence.

25 min · 4 steps · videoJump to quiz ↓
Lecture 07: Political Economy MIT OpenCourseWare · 76 min
Open in YouTube
Step 1 of 4 · Overview25 min read ·
Key idea
Prereqs: Liberalism, conservatism, socialism; Rawls & Nozick. Next: China's political system. Sources: Mancur Olson, *The Logic of Collective Action* (1965); Anthony Downs, *An Economic Theory of Democracy* (1957); Acemoglu & Robinson, *Why Nations Fail* (2012).
Next: 1. Core models
‹ PrevCourse ›