Macroeconomics

Recent elections in Europe, most recently in Italy, have solidified a trend towards populists and nationalists. The appeal of balancing opinions, discourse and debate for the purpose of compromise is fading. Instead, voters are looking for easy answers and simple solutions, no matter how wrong they may be, as long as they are easy to understand. Many may lament this and fear the further development it could trigger, but autocrats should be pleased. After all, it shows that their activities of recent years have fallen on very fertile ground.

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