About Ezgi Basaran
The name of this newsletter is inspired by Albert O. Hirschman’s theoretical construct Exit, Voice, and Loyalty (1970). In his book of the same name, Hirschman explores the relationship between firms and/or states and their consumers or citizens. When prices rise excessively or the quality of goods or governance deteriorates, people either express their dissatisfaction or leave. The greater the number of exits and the louder the voices of the discontented, the more likely the firm or state will be forced to change course.
It sounds simple.