150 years of data proves it: Strongmen are bad for the economy

150 years of data proves it: Strongmen are bad for the economy

As governments around the world gravitate toward rightwing populist and authoritarian leaders, many have pointed to the 2008 global recession and the economic hardship that followed as the reason. Take America, for instance: According to many analysts, the rise of US president Donald Trump has to be seen in relation to the great recession, and was aided by a frustrated working and middle class that saw in his election the promise of new economic wellbeing. A study by researchers of the Royal Melbourne Institute of Technology and Victoria University in Melbourne published in Leadership Quarterly looked at economic data in relation to the performances of authoritarian leaders versus democratic governments.