James Pethokoukis | AEIdeas
by David R. Henderson via EconLog
In the spirit of Clemenceau, Huntington (1981) claims that in a democracy, the ultimate responsibility for a country’s military strategy belongs to the civilian political leadership. If, instead, the military controls the political decisions, it is a military dictatorship. In the same way, the ultimate responsibility for a country’s economic policy should belong to the political leadership. If economists control it, it is a technocratic dictatorship.