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Tag Archives: Mancur Olson

The Western world is a mess. The “advanced” economies are failing to generate higher living standards for the majority of citizens. Many of us believe, rightly, our children and grandchildren will have less prosperous lives than we do. That not only runs counter to the tide of Western history but jars with natural human instincts, creating a deep sense of unease.

The public no longer trusts the political classes to deliver a brighter future – so lots of us don’t vote. Recent British general elections and US Presidential contests have seen turnouts averaging well below two-thirds, resulting in indecisive outcomes and weak governments. In last week’s European elections, only around two-fifths of voters bothered casting their ballot. Many of those who did, of course, abandoned mainstream parties for the extremes.
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