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This important book offers a comprehensive defence of classical
liberalism against contemporary challenges. It sets out an
analytical framework of 'robust political economy' that explores
the economic and political problems that arise from the phenomena
of imperfect knowledge and imperfect incentives. Using this
framework, the book defends the classical liberal focus on markets
and the minimal state from the critiques presented by 'market
failure' economics and communitarian and egalitarian variants of
political theory. Mark Pennington expertly applies the lessons
learned from responding to these challenges in the context of
contemporary discussions surrounding the welfare state,
international development, and environmental protection. Written in
an accessible style, this authoritative book would be useful for
both undergraduate and graduate students of political economy and
public policy as a standard reference work for classical liberal
analysis and a defence of its normative prescriptions. The book's
distinctive approach will ensure that academic practitioners of
economics and political science, political theory and public policy
will also find its controversial conclusions insightful. Contents:
1. Introduction: Classical Liberalism and Robust Political Economy;
Part I: Challenges to Classical Liberalism; 2. Market Failures
'Old' and 'New': The Challenge of Neo-Classical Economics; 3. Exit,
Voice and Communicative Rationality: The Challenge of
Communitarianism I; 4. Exit, Trust and Social Capital: The
Challenge of Communitarianism II; 5. Equality and Social Justice:
The Challenge of Egalitarianism; Part II: Towards the Minimal
State; 6. Poverty Relief and Public Services: Welfare State or
Minimal State?; 7. Institutions and International Development:
Global Governance or the Minimal State?; 8. Environmental
Protection: Green Leviathan or the Minimal State?; 9. Conclusion;
Bibliography; Index
This important book offers a comprehensive defence of classical
liberalism against contemporary challenges. It sets out an
analytical framework of 'robust political economy' that explores
the economic and political problems that arise from the phenomena
of imperfect knowledge and imperfect incentives. Using this
framework, the book defends the classical liberal focus on markets
and the minimal state from the critiques presented by 'market
failure' economics and communitarian and egalitarian variants of
political theory. Mark Pennington expertly applies the lessons
learned from responding to these challenges in the context of
contemporary discussions surrounding the welfare state,
international development, and environmental protection. Written in
an accessible style, this authoritative book would be useful for
both undergraduate and graduate students of political economy and
public policy as a standard reference work for classical liberal
analysis and a defence of its normative prescriptions. The book's
distinctive approach will ensure that academic practitioners of
economics and political science, political theory and public policy
will also find its controversial conclusions insightful. Contents:
1. Introduction: Classical Liberalism and Robust Political Economy;
Part I: Challenges to Classical Liberalism; 2. Market Failures
'Old' and 'New': The Challenge of Neo-Classical Economics; 3. Exit,
Voice and Communicative Rationality: The Challenge of
Communitarianism I; 4. Exit, Trust and Social Capital: The
Challenge of Communitarianism II; 5. Equality and Social Justice:
The Challenge of Egalitarianism; Part II: Towards the Minimal
State; 6. Poverty Relief and Public Services: Welfare State or
Minimal State?; 7. Institutions and International Development:
Global Governance or the Minimal State?; 8. Environmental
Protection: Green Leviathan or the Minimal State?; 9. Conclusion;
Bibliography; Index
"Planning and the Political Market" argues that the enthusiasm for
planning as an essential component of environmental protection is
misplaced. Drawing on the experience of Britain and other Western
democracies, the author uses public choice to explore the practical
experience of land use planning as an example of government
failure. The book opens by outlining the institutional focus of
public choice theory, examining the central questions of market and
government failure and the theoretical case for government
intervention in the environment. Having explored the principal
impact of planning the book goes on to analyze the institutional
structures which have produced these policy outcomes. The analysis
suggests that institutional incentives within the "political
market" have frequently led to policies which favour special
interest groups and public sector bureaucracy. The book concludes
with an assessment of the potential for a private property rights,
free market alternative to increase community involvement and
access.
Planning and the Political Market argues that the enthusiasm for
planning as an essential component of environmental protection is
misplaced. Drawing on the experience of Britain and other Western
democracies, the author uses public choice theory to explore the
practical experience of land use planning as an example of
government failure. The book opens by outlining the institutional
focus of public choice theory, examining the central questions of
market and government failure and the theoretical case for
government intervention in the environment. Having explored the
principal impacts of planning the book goes on to analyse the
institutional structures which have produced these policy outcomes.
The analysis suggests that institutional incentives within the
'political market' have frequently led to policies which favour
special interest groups and public sector bureaucracy. The book
concludes with an assessment of the potential for a private
property rights, free market alternative to increase community
involvement and access.
This book examines the complex relationships between social
capital, markets and democracy. It argues that participation in
markets positively enriches and enhances the stock of social
capital, while, conversely, democratic politics may undermine it by
facilitating divisive rent-seeking by special interest groups.
'Bara and Pennington's edited volume successfully fills a huge void
in the market for introductory textbooks to comparative politics
which previously offered either descriptions of political processes
and systems or overviews of the methodology of comparative
analysis. By applying major political science theories to overviews
of the core elements of political systems, the authors both enhance
our understanding of these elements and provide readers an
excellent introduction to comparative explanation' - Dr David
Howarth, University of Edinburgh 'What is distinctive about this
authoritative and comprehensive book on comparative politics is the
way in which it is underpinned throughout by a theoretical analysis
centred on a new institutionalist approach' - Professor Wyn Grant,
University of Warwick 'Comparative Politics takes a fresh and
original approach to the field... it examines the role of
structures, rules and norms in regulating the individual and
collective behaviour of political actors. Each chapter provides a
critical bibliography and key questions which will be particularly
useful for students approaching Comparative Politics for the first
time. Altogether this is a comprehensive and useful read which I
warmly recommend' - Ian Budge, Professor Emiritus Professor of
Government, University of Essex 'This is a most useful book.
Teachers of comparative politics often scramble around, with
out-of-date textbooks and photocopies of more or less compatible
articles. Here is a new book that gives an up-to-date,
comprehensive and systematic introduction to the major strands of
institutional thought and applies these to the major institutions,
processes and policy areas. It will be a great help for many of us,
academics and students alike' - Peter Kurrild-Klitgaard, Professor
of Comparative Politics, University of Copenhagen This book
provides a distinctive new introduction to the study of comparative
politics at undergraduate level. Rich in case study material and
global in coverage, Comparative Politics sets out the basic
theoretical and methodological foundations for studying different
political systems as well as the key structures and actors of which
they are comprised. Part One explores the nature of comparative
methodology and introduces students to the major theoretical
paradigms that seek to explain the operation of institutions in
democratic states and facilitate comparison across different
political systems. Part Two examines the institutional structures
of the modern state, outlining the key features such as the
electoral systems and territorial and functional divisions of
government across a range of modern states. Part Three analyzes the
role of key actors, such as voters and parties, interest groups and
social movements, the bureaucracy and the judiciary. This book will
be an essential primer for students on first-year courses in
comparative government and politics as well as introductory courses
in political science concepts and methods. Judith Bara is Senior
Lecturer in Politics at Queen Mary, University of London and
Research Fellow in Government, University of Essex. David S. Bell
is Professor of French Government and Politics and Head of Social
Studies and Law at the University of Leeds. Jocelyn Evans is Reader
in Politics at the European Studies Research Institute, University
of Salford. Catherine Needham is Lecturer in Politics at Queen
Mary, University of London. Brendan O'Duffy is Senior Lecturer in
Politics at Queen Mary, University of London. Mark Pennington is
Senior Lecturer in Politics at Queen Mary, University of London.
David Robertson is Professor of Politics, University of Oxford and
Vice Principal, St Hugh's College, Oxford.
The author explains why government and bureaucratic attempts at
environmental protection have failed and argues that to safeguard
the countryside we need to restore private property rights.
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