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How do the media affect public support for democratic institutions in a fragile democracy? What role do they play in a … radio broadcast following Hitler's appointment as German chancellor. During the consolidation of dictatorship, radio …
Persistent link: https://www.econbiz.de/10010512027
How do the media affect public support for democratic institutions in a fragile democracy? What role do they play in a …-Nazi radio broadcast following Hitler's appointment as German chancellor. During the consolidation of dictatorship, radio …
Persistent link: https://www.econbiz.de/10010515431
analysis considers four scenarios: strong dictatorship, weak dictatorship, strong democracy and weak democracy. Each scenario … find that the equilibrium inflation rate that emerges under strong dictatorship and strong democracy is consistent with the … revenue-maximizing rate, while the rate that emerges under weak dictatorship or weak democracy exceeds the revenue …
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Two decades of financial crises have dramatically expanded central banks’ powers. In 2008, and then again in 2020, unelected banking officials found themselves suddenly responsible for the public welfare – not just because it was necessary but based on an idea that their independence from...
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The case for central bank independence is built on an intellectual two-step. Step one argues there is a problem of inflation prone government. Step two argues independence is the solution to that problem. This paper challenges that case and shows it is based on false politics and economics. The...
Persistent link: https://www.econbiz.de/10012104487
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