F&D Magazine

Jeffry Frieden: How Politics and Economics Interact

JEFFRY FRIEDEN

April 11, 2024

Courtesy of Harvard University

In This Episode

Even optimal economic policies create winners and losers, and that’s where politics steps in. Trade liberalization is an example of a policy that can make a country better off as a whole, but what happens to workers who lose out to cheaper goods? Jeffry Frieden says while politics is often messy, it’s how society puts a value on things economists can’t measure. Transcript

Read A Place for Politics in Finance and Development

JEFFRY FRIEDEN

JEFFRY FRIEDEN is Professor of Government at Harvard University

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