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France, like many Western European countries, has strong campaign finance laws and a vibrant multiparty system. Yet even there, money has had a corrosive effect on democracy, as private donations have an outsized impact on electoral outcomes.
Money in politics is not a strictly American phenomenon. In France, despite strong campaign finance laws, campaign donations have a direct influence on legislative and municipal election results.
Government intervention is often perceived as a constraint on market forces and thereby on economic growth.
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INET gathered hundreds of new economic thinkers in Edinburgh to discuss the past, present, and future of the economics profession.
Julia Cage warns that a media ravaged by market forces cannot serve democracy’s need for an informed citizenry.
A new book by economist Julia Cagé offers a participatory business model for independent media.