August 17, 2004

Stability and Autocracy

By Ian

Despite the common arguments about the complementary aspects of political and economic liberalism, there are some instances when autocracy is rewarded: Oil Falls on Reduced Concern About Venezuelan, Russian Supply.

Also of possible interest during this time of electoral uncertainty in Venezuela is Acemoglu's paper: A Theory of Political Transitions.

Posted at August 17, 2004 10:58 AM

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