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HomeMIT 14.41 Public Finance and Public Policy, Fall 2024Lecture 07: Political Economy
Lecture 07: Political Economy
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Lecture 08: Local Public Goods and Fiscal Federalism
In this lecture, Prof. Gruber discusses the promises and pitfalls of representative democracy, which is a system of government where citizens elect representatives to make decisions and laws on their behalf, rather than directly voting on every issue.