- AER study: The economic cost of populism is high. Under populist rule, "GDP per capita is 10 percent lower compared to a plausible nonpopulist counterfactual. Economic disintegration, decreasing macroeconomic stability, and the erosion of institutions typically go hand in hand with populist rule." https://www.aeaweb.org/articles?id=10.1257%2Faer.20202045 133 comments science
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