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Populism And The ‘Narrow Corridor’ Of Liberty And Justice

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  • Miller, Marcus
  • Zissimos, Ben

Abstract

Populist responses to matters of social concern are considered in a framework like that of Acemoglu and Robinson’s ‘narrow corridor’ that supports liberty and justice. We discuss the risk that such responses could result in a country being pushed out of this narrow corridor—and, if so, with what long-run consequences. We conclude that a political system of ‘checks and balances’ can play a key role in keeping the society within the narrow corridor; but it is incumbent on the existing political system to confront the issues of populist concern so as to come up with creative solutions.

Suggested Citation

  • Miller, Marcus & Zissimos, Ben, 2022. "Populism And The ‘Narrow Corridor’ Of Liberty And Justice," National Institute Economic Review, National Institute of Economic and Social Research, vol. 259, pages 31-50, February.
    • Handle: RePEc:cup:nierev:v:259:y:2022:i::p:31-50_5
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