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Books > Social sciences > Politics & government > Central government > Central government policies
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The American Political Economy - Institutional Evolution of Market and State (Hardcover, 2nd edition)
Loot Price: R4,925
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The American Political Economy - Institutional Evolution of Market and State (Hardcover, 2nd edition)
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Policy debates are often grounded within the conceptual confines of
a state-market dichotomy, as though the two existed in complete
isolation. In this innovative text, Marc Allen Eisner portrays the
state and the market as inextricably linked, exploring the variety
of institutions subsumed by the market and the role that the state
plays in creating the institutional foundations of economic
activity. Through a historical approach, Eisner situates the study
of American political economy within a larger
evolutionary-institutional framework that integrates perspectives
in American political development and economic sociology. This
volume provides a rich understanding of the complexity of U.S.
economic policy, explaining how public policies become embedded in
bureaucracy and reinforced by organized beneficiaries and public
expectations. This path-dependent layering process helps students
better understand the underlying historical dynamics, which provide
a clearer sense of the constraints faced by policymakers now and in
the future. The revisions to the second edition include: Complete
rewrite of the chapter on the recent financial crisis, adding in
commentary on the debt ceiling, the fiscal cliff, and other recent
events. New material added and existing material updated in the
chapter discussing the two welfare states. Extensive updates to the
coverage of the global economy Expanded and updated discussion of
Obama's economic policies. Updates to figures and data throughout
the text.
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