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Author: Elizabeth Popp Berman Publisher: Princeton University Press ISBN: 0691248885 Category : Business & Economics Languages : en Pages : 344
Book Description
The story of how economic reasoning came to dominate Washington between the 1960s and 1980s—and why it continues to constrain progressive ambitions today For decades, Democratic politicians have frustrated progressives by tinkering around the margins of policy while shying away from truly ambitious change. What happened to bold political vision on the left, and what shrunk the very horizons of possibility? In Thinking like an Economist, Elizabeth Popp Berman tells the story of how a distinctive way of thinking—an “economic style of reasoning”—became dominant in Washington between the 1960s and the 1980s and how it continues to dramatically narrow debates over public policy today. Introduced by liberal technocrats who hoped to improve government, this way of thinking was grounded in economics but also transformed law and policy. At its core was an economic understanding of efficiency, and its advocates often found themselves allied with Republicans and in conflict with liberal Democrats who argued for rights, equality, and limits on corporate power. By the Carter administration, economic reasoning had spread throughout government policy and laws affecting poverty, healthcare, antitrust, transportation, and the environment. Fearing waste and overspending, liberals reined in their ambitions for decades to come, even as Reagan and his Republican successors argued for economic efficiency only when it helped their own goals. A compelling account that illuminates what brought American politics to its current state, Thinking like an Economist also offers critical lessons for the future. With the political left resurgent today, Democrats seem poised to break with the past—but doing so will require abandoning the shibboleth of economic efficiency and successfully advocating new ways of thinking about policy.
Author: Douglas A. Hibbs Publisher: Harvard University Press ISBN: 9780674027367 Category : History Languages : en Pages : 434
Book Description
A comprehensive and authoritative work on relationships between the economy and politics in the years from Eisenhower through Reagan. Hibbs identifies which groups “win” and “lose” from inflations and recessions and shows how voters’ perceptions and reactions to economic events affect the electoral fortunes of political parties and presidents.
Author: Javier Santiso Publisher: OUP USA ISBN: 0199747504 Category : Business & Economics Languages : en Pages : 633
Book Description
Understanding Latin America's recent economic performance calls for a multidisciplinary analysis. This handbook looks at the interaction of economics and politics in the region and includes a number of contributions from top academic experts who have also served as key policy makers (a former president, ministers of finance, a central bank governor), reflecting upon the challenges of reform.
Author: Kaushik Basu Publisher: Oxford University Press, USA ISBN: 0198296711 Category : Economics Languages : en Pages : 305
Book Description
This volume aims to understand why some economies succeed and some fail, and why some communities prosper while others stagnate, so economics must be seen as embedded in politics and society. It is a study of this embeddedness.
Author: John Williamson Publisher: Peterson Institute ISBN: 9780881321951 Category : Business & Economics Languages : en Pages : 630
Book Description
Policymakers around the world have increasingly agreed that macroeconomic discipline, microeconomic liberalization, and outward orientation are prerequisites for economic success. But what are the political conditions that make economic transformation possible? At a conference held at the Institute for International Economics, leaders of economic reform recounted their efforts to bring about change and discussed the impact of the political climate on the success of their efforts. In this book, these leaders explore the political conditions conducive to the success of policy reforms. Did economic crisis strengthen the hands of the reformers? Was the rapidity with which reforms were instituted crucial? Did the reformers have a "honeymoon" period in which to transform the economy? The authors answer these and other questions, as well as providing first-hand accounts of the politically charged atmosphere surrounding reform efforts in their countries.
Author: Patricia Commun Publisher: Springer ISBN: 3319683578 Category : Business & Economics Languages : en Pages : 272
Book Description
This volume provides a comprehensive account of Wilhelm Röpke as a liberal political economist and social philosopher. Wilhelm Röpke (1899-1966) was a key protagonist of transatlantic neoliberalism, a prominent public intellectual and a gifted international networker. As an original thinker, he always positioned himself at the interface between political economy and social philosophy, as well as between liberalism and conservatism. Röpke’s endeavors to combine these elements into a coherent whole, as well as his embeddedness in European and American intellectual networks of liberal and conservative thinkers, are a central theme throughout the book. The volume includes papers by international experts from a conference in Geneva on the occasion of the 50th anniversary of Röpke’s passing. The first part focuses on new biographical insights into his exile years in Istanbul and Geneva, while the second part discusses his business cycle theory in the context of the Great Depression, and the third part elaborates on his multifaceted social philosophy. Wilhelm Röpke was among the most important thinkers within the classical liberal revival post-WWII, with intriguing tensions between liberalism and conservatism. A highly recommended volume. –– Peter J. Boettke, 2016-2018 President of the Mont Pèlerin Society and Professor of Economics and Philosophy, George Mason University This important collection of papers provides an in-depth assessment of Wilhelm Röpke’s contributions, placing him in the context of his time. A fine contribution. –– Bruce J. Caldwell, Director of the Center for the History of Political Economy and Research Professor of Economics, Duke University
Author: William D. Ferguson Publisher: Stanford University Press ISBN: 1503611973 Category : Business & Economics Languages : en Pages : 331
Book Description
This book examines how a society that is trapped in stagnation might initiate and sustain economic and political development. In this context, progress requires the reform of existing arrangements, along with the complementary evolution of informal institutions. It involves enhancing state capacity, balancing broad avenues for political input, and limiting concentrated private and public power. This juggling act can only be accomplished by resolving collective-action problems (CAPs), which arise when individuals pursue interests that generate undesirable outcomes for society at large. Merging and extending key perspectives on CAPs, inequality, and development, this book constructs a flexible framework to investigate these complex issues. By probing four basic hypotheses related to knowledge production, distribution, power, and innovation, William D. Ferguson offers an analytical foundation for comparing and evaluating approaches to development policy. Navigating the theoretical terrain that lies between simplistic hierarchies of causality and idiosyncratic case studies, this book promises an analytical lens for examining the interactions between inequality and development. Scholars and researchers across economic development and political economy will find it to be a highly useful guide.
Author: Jacob S. Hacker
Author: Jacob S. Hacker
Author: Elizabeth Popp Berman
Author: Douglas A. Hibbs
Author: Javier Santiso
Author: Friedrich List
Author: Kaushik Basu
Author: John Williamson
Author: Patricia Commun
Author: William D. Ferguson
Author: John Stuart Mill