...Nathaniel Webb Smith Purpose The paper extends the robust political economy framework to analyze the impact of tariffs on the entrepreneurial market process. It proposes that the unintended consequences of using trade policy to bolster a nation's economy will inevitably prevent an economy from...

... Public choice Robust political economy L26 O38 B53 Targeted public policies to promote entrepreneurship are widespread. National and regional governments all over the world have introduced public venture capital programs, subsidies and other interventions aimed at fostering new venture...