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

Retrospective Versus Prospective Meritocracy

Working Paper

Residential Segregation and Unequal Access to Local Public Services in India: Evidence from 1.5m Neighborhoods

Working Paper

Episode #55: Tom VanHeuvelen on the Future of Organized Labor

Featured Episode In Policy and Political Economy

May 18, 2026
What are the implications of declining unionization in United States? Tom VanHeuvelen examines historical drivers of deunionization and recent "right-to-work" laws. As he reflects on the benefits of unions, he also considers the future of American labor and economy.