“Politicians in a democratic society tend to be shortsighted because they are driven by the need to win their next election.”
Francesco Giavazzi and Frederic S. Mishkin, An Evaluation of Swedish Monetary Policy between 1995 and 2005, p.12
“Politicians in a democratic society tend to be shortsighted because they are driven by the need to win their next election.”
Francesco Giavazzi and Frederic S. Mishkin, An Evaluation of Swedish Monetary Policy between 1995 and 2005, p.12