Who Needs Strong Leaders?
This papers model suggests that a strong leader, sometimes with little legislative oversight, may nevertheless benefit from public support. The argument is that this support is induced as an attempt by the poor to counter the subversion of public protection of property rights by the rich, and to ach...
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Published in | IDEAS Working Paper Series from RePEc |
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Main Authors | , |
Format | Paper |
Language | English |
Published |
St. Louis
Federal Reserve Bank of St. Louis
01.01.2008
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Subjects | |
Online Access | Get full text |
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Abstract | This papers model suggests that a strong leader, sometimes with little legislative oversight, may nevertheless benefit from public support. The argument is that this support is induced as an attempt by the poor to counter the subversion of public protection of property rights by the rich, and to achieve this goal they are often willing to pay the price of the leaders diversion of tax revenues for private use. The paper then examines survey data on individual attitudes toward strong leadership and finds their pattern to be consistent with the models predictions; specifically, support for strong leadership is inversely related to individual income and to countrywide income inequality. |
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AbstractList | This papers model suggests that a strong leader, sometimes with little legislative oversight, may nevertheless benefit from public support. The argument is that this support is induced as an attempt by the poor to counter the subversion of public protection of property rights by the rich, and to achieve this goal they are often willing to pay the price of the leaders diversion of tax revenues for private use. The paper then examines survey data on individual attitudes toward strong leadership and finds their pattern to be consistent with the models predictions; specifically, support for strong leadership is inversely related to individual income and to countrywide income inequality. |
Author | Chong, Alberto E Gradstein, Mark |
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Copyright | Copyright FEDERAL RESERVE BANK OF ST LOUIS 2008 |
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Snippet | This papers model suggests that a strong leader, sometimes with little legislative oversight, may nevertheless benefit from public support. The argument is... |
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Title | Who Needs Strong Leaders? |
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