Editing Political Economy (section)

== <span style="color: #FFFFFF;">Analyzing</span> ==
{| class="wikitable"
|+ Economic Systems
! System !! Allocation !! Ownership !! Primary Goal
|-
| Free Market || Price Mechanism || Private || Efficiency / Profit
|-
| Command Economy || Central Planning || State || Social Goals / Security
|-
| Mixed Economy || Market + Regulation || Mixed || Stability / Equity
|-
| State Capitalism || Market in a State Frame || Mixed (SOEs) || National Power / Growth
|}

'''The Resource Curse''': Why do countries with lots of oil or diamonds often have low growth and high corruption? Political economy shows that when the government can get money from the ground without taxing the people, it doesn't need to be "accountable" to them. This leads to the "Dutch Disease" and the rise of authoritarianism.
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