Economists Politics And The State

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The Power of Economists within the State

Author : Johan Christensen
Publisher : Stanford University Press
ISBN 13 : 1503601854
Total Pages : 290 pages
Book Rating : 4.5/5 (36 download)

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Book Synopsis The Power of Economists within the State by : Johan Christensen

Download or read book The Power of Economists within the State written by Johan Christensen and published by Stanford University Press. This book was released on 2017-04-11 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The spread of market-oriented reforms has been one of the major political and economic trends of the late twentieth and early twenty-first centuries. Governments have, to varying degrees, adopted policies that have led to deregulation: the liberalization of trade; the privatization of state entities; and low-rate, broad-base taxes. Yet some countries embraced these policies more than others. Johan Christensen examines one major contributor to this disparity: the entrenchment of U.S.-trained, neoclassical economists in political institutions the world over. While previous studies have highlighted the role of political parties and production regimes, Christensen uses comparative case studies of New Zealand, Ireland, Norway, and Denmark to show how the influence of economists affected the extent to which each nation adopted market-oriented tax policies. He finds that, in countries where economic experts held powerful positions, neoclassical economics broke through with greater force. Drawing on revealing interviews with 80 policy elites, he examines the specific ways in which economists shaped reforms, relying on an activist approach to policymaking and the perceived utility of their science to drive change.

The State of Economics, the State of the World

Author : Kaushik Basu
Publisher : MIT Press
ISBN 13 : 0262039990
Total Pages : 553 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis The State of Economics, the State of the World by : Kaushik Basu

Download or read book The State of Economics, the State of the World written by Kaushik Basu and published by MIT Press. This book was released on 2020-01-07 with total page 553 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economists address the ongoing challenges to economics in theory and practice in a time of political and economic crises. More than a decade of financial crises, sovereign debt problems, political conflict, and rising xenophobia and protectionism has left the global economy unsettled and the ability of economics as a discipline to account for episodes of volatility uncertain. In this book, leading economists consider the state of their discipline in a world of ongoing economic and political crises. The book begins with three sweeping essays by Nobel laureates Kenneth Arrow (in one of his last published works), Amartya Sen, and Joseph Stiglitz that offer a summary of the theoretical foundations of modern economics—the twin pillars of general equilibrium theory and welfare economics. Contributors then turn to macroeconomic stabilization and growth and, finally, new areas of research that depart from traditional theory, methodology, and concerns: climate change, behavioral economics, and evolutionary game theory. The 2019 Nobel Prize laureates, Abhijit Banerjee, Esther Duflo, and Michael Kremer, contribute a paper on the use of randomized control trials indevelopment economics. Contributors Philippe Aghion, Ingela Alger, Kenneth Arrow, Abhijit Banerjee, Kaushik Basu, Lawrence Blume, Guillermo Calvo, Francesco Caselli, Asli Demirgüç-Kunt, Shantayanan Devarajan, Esther Duflo, Samuel Fankhauser, James Foster, Varun Gauri, Xavier Gine, Gäel Giraud, Gita Gopinath, Robert Hockett, Karla Hoff, Ravi Kanbur, Aart Kraay, Michael Kremer, David McKenzie, Célestin Monga, Maurice Obstfeld, Hamid Rashid, Martin Ravallion, Amartya Sen, Luis Servén, Hyun Song Shin, Nicholas Stern, Joseph Stiglitz, Cass Sunstein, Michael Toman, Jörgen Weibull

Money and Government

Author : Robert Skidelsky
Publisher : Yale University Press
ISBN 13 : 030024424X
Total Pages : 513 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis Money and Government by : Robert Skidelsky

Download or read book Money and Government written by Robert Skidelsky and published by Yale University Press. This book was released on 2018-11-13 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical examination of economics' past and future, and how it needs to change, by one of the most eminent political economists of our time The dominant view in economics is that money and government should play only minor roles in economic life. Economic outcomes, it is claimed, are best left to the "invisible hand" of the market. Yet these claims remain staunchly unsettled. The view taken in this important new book is that the omnipresence of uncertainty makes money and government essential features of any market economy. Since Adam Smith, classical economics has espoused non-intervention in markets. The Great Depression brought Keynesian economics to the fore; but stagflation in the 1970s brought a return to small-state orthodoxy. The 2008 global financial crash should have brought a reevaluation of that stance; instead the response has been punishing austerity and anemic recovery. This book aims to reintroduce Keynes’s central insights to a new generation of economists, and embolden them to return money and government to the starring roles in the economic drama that they deserve.

Government versus Markets

Author : Vito Tanzi
Publisher : Cambridge University Press
ISBN 13 : 1139499734
Total Pages : 391 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Government versus Markets by : Vito Tanzi

Download or read book Government versus Markets written by Vito Tanzi and published by Cambridge University Press. This book was released on 2011-05-16 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: Vito Tanzi offers a truly comprehensive treatment of the economic role of the state in the twentieth and twenty-first centuries from a historical and world perspective. The book addresses the fundamental question of what governments should do, or have attempted to do, in economic activities in past and recent periods. It also speculates on what they are likely or may be forced to do in future years. The investigation assembles a large set of statistical information that should prove useful to policy-makers and scholars in the perennial discussion of government's optimal economic roles. It will become an essential reference work on the analytical borders between the market and the state, and on what a reasonable 'exit strategy' from the current fiscal crises should be.

The Economist's View of the World

Author : Steven E. Rhoads
Publisher : Cambridge University Press
ISBN 13 : 9780521317641
Total Pages : 352 pages
Book Rating : 4.3/5 (176 download)

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Book Synopsis The Economist's View of the World by : Steven E. Rhoads

Download or read book The Economist's View of the World written by Steven E. Rhoads and published by Cambridge University Press. This book was released on 1985-05-23 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains and assesses the ways in which micro, welfare and benefit-cost economists view the world of public policy. In general terms, microeconomic concepts and models can be seen to appear regularly in the work of political scientists, sociologists and psychologists. As a consequence, these and related concepts and models have now had sufficient time to influence strongly and to extend the range of policy options available to government departments. The central focus of this book is the 'cross-over' from economic modelling to policy implementation, which remains obscure and uncertain. The author outlines the importance of a wider knowledge of microeconomics for improving the effects and orientation of public policy. He also provides a critique of some basic economic assumptions, notably the 'consumer sovereignty principle'. Within this context the reader is in a better position to understand the 'marvellous insights and troubling blindnesses' of economists where often what is controversial politically is not so controversial among economists.

Advice and Dissent

Author : Alan S. Blinder
Publisher : Basic Books
ISBN 13 : 046509418X
Total Pages : 360 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Advice and Dissent by : Alan S. Blinder

Download or read book Advice and Dissent written by Alan S. Blinder and published by Basic Books. This book was released on 2018-03-27 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: A bestselling economist tells us what both politicians and economists must learn to fix America's failing economic policies American economic policy ranks as something between bad and disgraceful. As leading economist Alan S. Blinder argues, a crucial cultural divide separates economic and political civilizations. Economists and politicians often talk -- and act -- at cross purposes: politicians typically seek economists' "advice" only to support preconceived notions, not to learn what economists actually know or believe. Politicians naturally worry about keeping constituents happy and winning elections. Some are devoted to an ideology. Economists sometimes overlook the real human costs of what may seem to be the obviously best policy -- to a calculating machine. In Advice and Dissent, Blinder shows how both sides can shrink the yawning gap between good politics and good economics and encourage the hardheaded but softhearted policies our country so desperately needs.

Political Capitalism

Author : Randall G. Holcombe
Publisher : Cambridge University Press
ISBN 13 : 1108596126
Total Pages : 305 pages
Book Rating : 4.1/5 (85 download)

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Book Synopsis Political Capitalism by : Randall G. Holcombe

Download or read book Political Capitalism written by Randall G. Holcombe and published by Cambridge University Press. This book was released on 2018-07-19 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political Capitalism explains that what people often view as the result of corruption and unethical behavior are symptoms of a distinct system of political economy. The symptoms of political capitalism are often viewed as the result of government intervention in a market economy, or as attributes of a capitalist economy itself. Randall G. Holcombe combines well-established theories in economics and the social sciences to show that political capitalism is not a mixed economy, or government intervention in a market economy, or some intermediate step between capitalism and socialism. After developing the economic theory of political capitalism, Holcombe goes on to explain how changes in political ideology have facilitated the growth of political capitalism, and what can be done to redirect public policy back toward the public interest.

Economic Politics in the United States

Author : William R. Keech
Publisher : Cambridge University Press
ISBN 13 : 1107004144
Total Pages : 305 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Economic Politics in the United States by : William R. Keech

Download or read book Economic Politics in the United States written by William R. Keech and published by Cambridge University Press. This book was released on 2013-10-14 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book shows how and why democracy has worked well or badly as measured by US macroeconomic performance.

Governing the Market

Author : Robert Wade
Publisher : Princeton University Press
ISBN 13 : 9780691117294
Total Pages : 500 pages
Book Rating : 4.1/5 (172 download)

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Book Synopsis Governing the Market by : Robert Wade

Download or read book Governing the Market written by Robert Wade and published by Princeton University Press. This book was released on 2004 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: "George Clooney and Mark Wahlberg lead a talented cast in this harrowing special-effects adventure intercutting the plight of seafarers struggling to reach safe harbor with the heroics of air/sea rescue crews"--Container.

White-Collar Government

Author : Nicholas Carnes
Publisher : University of Chicago Press
ISBN 13 : 022608728X
Total Pages : 201 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis White-Collar Government by : Nicholas Carnes

Download or read book White-Collar Government written by Nicholas Carnes and published by University of Chicago Press. This book was released on 2013-11-05 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eight of the last twelve presidents were millionaires when they took office. Millionaires have a majority on the Supreme Court, and they also make up majorities in Congress, where a background in business or law is the norm and the average member has spent less than two percent of his or her adult life in a working-class job. Why is it that most politicians in America are so much better off than the people who elect them— and does the social class divide between citizens and their representatives matter? With White-Collar Government, Nicholas Carnes answers this question with a resounding—and disturbing—yes. Legislators’ socioeconomic backgrounds, he shows, have a profound impact on both how they view the issues and the choices they make in office. Scant representation from among the working class almost guarantees that the policymaking process will be skewed toward outcomes that favor the upper class. It matters that the wealthiest Americans set the tax rates for the wealthy, that white-collar professionals choose the minimum wage for blue-collar workers, and that people who have always had health insurance decide whether or not to help those without. And while there is no one cause for this crisis of representation, Carnes shows that the problem does not stem from a lack of qualified candidates from among the working class. The solution, he argues, must involve a variety of changes, from the equalization of campaign funding to a shift in the types of candidates the parties support. If we want a government for the people, we have to start working toward a government that is truly by the people. White-Collar Government challenges long-held notions about the causes of political inequality in the United States and speaks to enduring questions about representation and political accountability.

States and Markets

Author : Adam Przeworski
Publisher : Cambridge University Press
ISBN 13 : 9780521535243
Total Pages : 244 pages
Book Rating : 4.5/5 (352 download)

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Book Synopsis States and Markets by : Adam Przeworski

Download or read book States and Markets written by Adam Przeworski and published by Cambridge University Press. This book was released on 2003-08-25 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to introduce the reader to the concepts and tools for studying relations between states and markets. The focus is methodological. Both the economy and the state are analyzed as networks of relations between principals and agents, occupying particular places in the institutional structure.Having introduced the principal-agent framework, the book analyzes systematically the effect of the organization of the state on the functioning of the economy. The central question is under what conditions government will do what they should be doing and not do what they should not.

The State and American Foreign Economic Policy

Author : G. John Ikenberry
Publisher : Cornell University Press
ISBN 13 : 9780801495243
Total Pages : 260 pages
Book Rating : 4.4/5 (952 download)

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Book Synopsis The State and American Foreign Economic Policy by : G. John Ikenberry

Download or read book The State and American Foreign Economic Policy written by G. John Ikenberry and published by Cornell University Press. This book was released on 1988 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: How has the U.S. government made the nation's foreign economic policy over the last hundred years? Social scientists have traditionally presented the American state as relatively weak, its policies as directly reflecting the domestic balance of strength among interested social groups and economic sectors. This collection of essays by seven notable young political scientists provides a theoretical reevaluation of the forces at work in national policy making and present evidence that the effectiveness of the national government in shaping U.S. policy has been greatly underestimated.

The Economics and Politics of Race

Author : Thomas Sowell
Publisher : New York : W. Morrow
ISBN 13 :
Total Pages : 330 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Economics and Politics of Race by : Thomas Sowell

Download or read book The Economics and Politics of Race written by Thomas Sowell and published by New York : W. Morrow. This book was released on 1983 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Volatile States

Author : William Mark Crain
Publisher : University of Michigan Press
ISBN 13 : 0472024078
Total Pages : 181 pages
Book Rating : 4.4/5 (72 download)

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Book Synopsis Volatile States by : William Mark Crain

Download or read book Volatile States written by William Mark Crain and published by University of Michigan Press. This book was released on 2009-12-10 with total page 181 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do American state economies grow at such vastly different rates and manifest such wide differences in living standards? Volatile States identifies the sources of rising living standards by examining the recent economic and fiscal history of the American states. With new insights about the factors that contribute to state economic success, the book departs from traditional analyses of economic performance in its emphasis on the role of volatility. Volatile States identifies institutions and policies that are key determinants of economic success and illustrates the considerable promise of a mean-variance criterion for assessing state economic performance. The mean-variance perspective amends applications of growth models that rely on the mobility of productive factors keyed to income levels alone. Simply measuring the level of growth in state economies reveals an incomplete and perhaps distorted picture of performance. Taking the volatility of state economies explicitly into account refines the whole notion of "economic success." This book is essential reading for economists, political scientists, and policy-makers who routinely confront questions about the consequences of alternative institutional arrangements and economic policy choices. W. Mark Crain is Professor of Economics and Research Associate, James M. Buchanan Center for Political Economy, George Mason University.

State Government and Economic Performance

Author : Paul Brace
Publisher : JHU Press
ISBN 13 : 9780801849718
Total Pages : 182 pages
Book Rating : 4.8/5 (497 download)

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Book Synopsis State Government and Economic Performance by : Paul Brace

Download or read book State Government and Economic Performance written by Paul Brace and published by JHU Press. This book was released on 1994-08 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beginning in the Reagan administration, shifting federal economic policies have forced states to bear an increasing share of the burden of their economic development. Some states have weathered the transition well; others have not. In State Government and Economic Performance, Paul Brace combines political and economic analysis to examine the changing relationship between state and federal governments, and to identify those factors which have allowed certain states to manage change effectively.

Reflections of a Political Economist

Author : William A. Niskanen
Publisher : Cato Institute
ISBN 13 : 1933995955
Total Pages : 379 pages
Book Rating : 4.9/5 (339 download)

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Book Synopsis Reflections of a Political Economist by : William A. Niskanen

Download or read book Reflections of a Political Economist written by William A. Niskanen and published by Cato Institute. This book was released on 2008-08-05 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reflections of a Political Economist collects some of the most incisive and important policy analysis and public choice articles by William A. Niskanen from the last fifteen years. His interests have ranged widely during this time, covering many different areas of public policy, always with an eye toward rigorous economic thinking, fiscal conservatism, and finding shrewd, practical solutions to important problems. In Part I readers will find a discussion of a wide array of policy topics, including taxation, health and retirement funding, terrorism and military preparedness, and corporate governance. These selections bring to the discussion both hard data and theoretical sophistication, making the case for modest, sensible regulations, limited government, and free enterprise. In Part II Niskanen turns to public choice, wherein he discusses economic models of various government types, voting, bureaucracy, and constitutional structure. Part III includes a selection of Niskanen’s book reviews, in which he considers the works of other notable economists, including Paul Krugman, Mancur Olson, James M. Buchanan, and Alan Greenspan. Finally, Part IV offers three more personal reflections, each to some degree removed from economics, but all reflecting Niskanen’s thoughtful, understated approach to important issues, wherever he finds them.

The State and the Economic System

Author : Phyllis Deane
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 234 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis The State and the Economic System by : Phyllis Deane

Download or read book The State and the Economic System written by Phyllis Deane and published by Oxford University Press, USA. This book was released on 1989 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the history of economic thought over the last 300 years, from its emergence as a scientific discipline in the 17th century to the present. More than a conventional history, the book focuses on the evolution of the discipline in the light of the moral, scientific, and political ideas and attitudes with which each new generation of economists has developed its distinctive vision of a changing economic system. Deane balances the twin themes of the economists' desire to be scientific and their desire to satisfy central government's need for reliable advice on the workings of the system, offering clear and accessible analyses of the major thinkers and the problems they pose.