Changing markets are challenging governance. The growing scale,
reach, complexity, and popular legitimacy of market institutions
and market players are re-opening old questions about the role of
the public sector and redefining what it means to govern well. This
volume --the latest publication from the Visions of Governance in
the 21st Century program at the Kennedy School of Government
--explores the way evolving markets alter the pursuit of cherished
public goals. John D. Donahue and Joseph S. Nye, Jr. frame the
inquiry with an essay on governing well in an age of ascendant
markets. Other contributors (all from Harvard's Kennedy School
unless otherwise indicated) address specific areas of market
governance in individual chapters: Joseph P. Newhouse on the
medical marketplace, Jose Gomez-Iba?ez and John R. Meyer on
transportation, William Hogan on electric power, Paul E. Peterson
on K?12 education, L. Jean Camp on information networks, Akash Deep
and Guido Schaefer (Vienna University of Economics & Business
Administration) on federal deposit insurance, Frederick Schauer on
"the marketplace of ideas," Anna Greenberg on the "marketization"
of politics, David M. Hart on the politics of high-tech industry,
Viktor Mayer-Sch?nberger on information law, John D. Donahue and
Richard J. Zeckhauser on the challenges posed by fast-changing
markets, and Mark Moore on the spread of market ideology.
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