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The political origin of economic problems

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  • Bresser-Pereira, Luiz Carlos
  • Nakano, Yoshiaki

Abstract

This paper presents so conveyed idea nowadays that the economic problemshave a political origin, or that the economic problems have not been solved because of lackof political support. We show how the acceptation of these ideas is related to the appearanceof the School of Public Choice, or School of National Choice – an analysis of a neoliberalcharacter – and the called political macroeconomics. We discuss how these approaches leadto the proposition of adopting compensatory social policies which may guarantee the governmentlegitimacy. JEL Classification: B20; B41; O10; D70.
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Suggested Citation

  • Bresser-Pereira, Luiz Carlos & Nakano, Yoshiaki, 1994. "The political origin of economic problems," Textos para discussão 39, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    • Handle: RePEc:fgv:eesptd:39
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    JEL classification:

    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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