Governance
Voting and Income
Inequality

Voting and Income

Richer people are more likely to vote in the U.S. than poorer people. The poor have a lower probability of having their interests and preferences reflected in public policy.

Leaning on The Fed
Monetary Policy

Leaning on The Fed

Vacancies at the Fed's leadership as well as political rhetoric and pending legislation make this a particularly vulnerable time for Fed independence. Political pressure on central banks typically results in worse economic performance.