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Revision as of 01:16, November 19, 2024
, 01:16, November 19, 2024→Autocracies and lower economic growth
"When you avoid cherry picking and examine the median GDP growth rates for all the countries for which data are available between 1960 and 2018, you find that democracies have the advantage over autocracies. Comparing median growth rates between democracies and autocracies (see the book for the detailed methods of comparison), we found that democracies tend to outperform autocracies overall." - Cato Institute 2021[https://www.cato.org/commentary/no-autocracies-dont-make-economies-great]
"When you avoid cherry picking and examine the median GDP growth rates for all the countries for which data are available between 1960 and 2018, you find that democracies have the advantage over autocracies. Comparing median growth rates between democracies and autocracies (see the book for the detailed methods of comparison), we found that democracies tend to outperform autocracies overall." - Cato Institute 2021[https://www.cato.org/commentary/no-autocracies-dont-make-economies-great]
The historian Stephen Kotkin said of [[authoritarian]] regimes, "This is the problem of despotism. It’s why despotism, or even just authoritarianism, is all-powerful and brittle at the same time. Despotism creates the circumstances of its own undermining. The information gets worse. The sycophants get greater in number. The corrective mechanisms become fewer. And the mistakes become much more consequential.”<ref>[https://econforeverybody.com/2022/04/04/stephen-kotkin-on-putin-russia-and-the-west/ Stephen Kotkin on Putin, Russia and the West]</ref>
=== French historian and politician Alex de Tocqueville on America's ability to make course corrections ===
=== French historian and politician Alex de Tocqueville on America's ability to make course corrections ===