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Books > History > History of specific subjects > Economic history
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The State and Economic Knowledge - The American and British Experiences (Hardcover, New)
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The State and Economic Knowledge - The American and British Experiences (Hardcover, New)
Series: Woodrow Wilson Center Press
Expected to ship within 10 - 15 working days
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The activities of the modern state and the role it plays in
producing the theoretical and practical knowledge necessary for
economic policymaking are addressed in this book. Over time,
governments in modern societies have assumed the ultimate
responsibility for ensuring the economic well-being of their
citizens and for protecting their competitive positions in the
international economy. To perform their various co-ordinating
functions effectively, and to maintain legitimacy, governments have
found it necessary to rely on accurate information regarding
economic conditions and trends, and on empirically based theories
or models that allow officials to anticipate the economy's
performance under specified conditions. The traditional assumption,
which this collection of essays challenges, is that despite this
profound dependence governments have generally acted as passive
consumers of whatever ideas economists in the private sector and
professions had to offer. This book brings together papers that
reveal the ways in which modern states have helped to generate new
economic knowledge and how that process interacts with economic
changes.
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