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
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The Inequality Podcast
We bring research on inequality to life through dynamic conversations with experts in the field.
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Episode #22: Lauren Rivera on Meritocracy and Its Failings
Featured Episode In Policy and Political Economy
February 10, 2025
GuestsLauren Rivera
Lauren Rivera, author of Pedigree, reveals how hiring at elite firms often perpetuates privilege. In this conversation with Steven Durlauf, she critiques meritocracy’s failures for women, minorities, and people with disabilities.