ECO105Y1 Chapter 7: Chapter 7 readings notes

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we don"t know the reason for the downfall of the magic economy in us in 1970s. real political success comes from appealing to the interests that people currently perceive and from finding ways to redefine their perceived interests. 1980s concervatives defined vision of what was wrong with us big government, expensive taxes. Politic s o n t h e g r a n d s c al e is n o t a b o u t int e r e s t s b u t id e a s. Pr of e s s o r s : a c a d e mi c e c o n o mi s t s. offe r u n a m bi g u o u s di a g n o s e s a n d e a s y a n s w e r s.

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