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
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The Inequality Podcast
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Episode #63: Daniel Markovits on ‘The Meritocracy Trap’ (Live Recording)
Featured Episode In Policy and Political Economy
September 7, 2026
GuestsDaniel Markovits
Daniel Markovits shares his main critiques of meritocracy while Steven outlines his proposal to adopt a prospective, rather than retrospective, view of meritocracy in this panel discussion. Dean of the Harris School, Ethan Bueno de Mesquita moderates the conversation.