Why do they say, good politics is bad economics?

Well before that one needs to understand the basic principle that these both things go hand in hand. like pressure is inversely proportional to volume and vice-versa. read more

Good Politics and Bad Economics. Government waives all the taxes for farmers in India and has done it many times. This results in disclaimer deficit because govt is spending more than it has collected from taxes. It's good politics because they will get votes in the next elections, but it's bad economics because it increases the deficit. Price Floors. read more

No, they are both seperate. Good politics is an oxymoron, good politics are something that do not exist. Good economics is more grounded in common sense and what is going to be best for the money that one person or organization has and what they are able to do with it and how they use it. Most of these decisions are based on common sense. read more

These laws, commonly employed by governors to stop price increases after natural disasters, make consumers happy but also stop markets from alleviating shortages. In that sense, they are good politics but bad economics. There are arguments on each side of this issue, but the economics is pretty simple. read more

Good economics is good politics. Economics and politics are interrelated in many ways. Some people say that it is related together in the management of the country. read more

Good politics is necessarily the enemy of good economics, because politics is the (legitimized) use of force, while economics is the study of peaceful trade. Economic growth is the process of improving the human condition through mutually beneficial exchange. read more