Policy and Political Economy

What it is and why it is important

Policy and political economy research investigates how political and economic systems influence the distribution of wealth, resources, and power within societies.

By examining the effects of policies on different population groups and economic sectors, our research helps identify and address economic inequalities, fostering a fairer distribution of resources.

Key research topics in this field include:

  • The design, implementation, and impact of public policies on economic and social outcomes.
  • The interplay between political institutions, economic structures, and social equity.
  • The role of governance and political processes in shaping economic policies and development.

It is foundational to any conception of a just society that everyone has some set of opportunities that are not unduly constrained by the facts of their birth.

Steven Durlauf

Related Research Papers

Marx’s Fame: Not Revolutionary

Working Paper

Complexity Theory and Economic Inequality

Working Paper

Episode #45: A New History of Equality, Featuring Darrin McMahon, Jonathan Levy, Jenny Trinitapoli, and Steven Durlauf (Live Recording)

Featured Episode In Policy and Political Economy

December 29, 2025
How has equality been used to justify hierarchy? Dive into a panel discussion from our archives where Dartmouth historian Darren McMahon joins economist Steven Durlauf, sociologist Jenny Trinitapoli, and historian Jonathan Levy to explore equality's elusive history.