link here to article
It is easy to by cynical of our politicians. i am often guilty of that myself. It is discouraging to observe the capture of regulators and even government by special interests. Dani Rodrik tells us that lobbyists are pervasive everywhere that important decisions are made. That includes NGO's like the WTO and the IMF. He argues that economists who take an anti government position do not value the necessary role that government plays in developing the infrastructure that allows markets to work. He would rather give the democratic process and the nation states a bigger role in managing the global economy. Democracy, depute its flaws, is better than technocracy.
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