Who has the highest survival probability? Biden, Xi, Putin or Modi?
Winters' typology of oligarchies suggests that Luce is wrong
In today’s FT Swamp Notes, Edward Luce raises the question of the potential fate of the world’s most powerful leaders. Comparing Biden, Putin and Xi, he reckons that Biden has a less secure grip on power, and while Putin and Xi have tighter control, they face a much higher risk of being violently deposed and killed. Winters’ theory of oligarchy provides…
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