Ideas vs. interests: Elites and innovation in sustainable economies

This article provides a critical analysis of the articles When Ideas Trump Interests: Preferences, Worldviews, and Policy Innovations and Economic Backwardness in Political Perspective through the lens of Applied Political Economy and parametricity criteria. Both articles explore two central lines of inquiry in political economy: interests and ideas, examining their origins and implications within the context of power dynamics and governance. The analysis concludes that elites play a decisive role in shaping societies, either through the promotion of vested interests or systematic omission of policies rooted in innovative ideas.