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Policy debates are often grounded within the conceptual confines of a statemarket 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 evolutionaryinstitutional 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 pathdependent 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 economyExpanded and updated discussion of Obamas economic policies.Updates to figures and data throughout the text.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer,
birth defects, or other reproductive harm.
This book provides a deep dive into how the market and state interact over time. The historical perspective is fascinating, especially the case studies that illustrate the evolving relationship. I bought it for my political science class, and it's been a great resource!
A
Amira Patel
Insightful Take on Market Dynamics
This book provides a deep dive into how the market and state interact over time. The historical perspective is fascinating, especially the case studies that illustrate the evolving relationship. I bought it for my political science class, and it's been a great resource!
A
Amira Patel
Insightful Take on Market Dynamics
This book provides a deep dive into how the market and state interact over time. The historical perspective is fascinating, especially the case studies that illustrate the evolving relationship. I bought it for my political science class, and it's been a great resource!
C
Carlos Mendoza
Not What I Expected
I was really looking forward to this book, but it arrived with a few pages crinkled and the cover was a bit bent. The content seems interesting, but I haven't gotten far due to the initial disappointment with the condition. Hoping to enjoy it more once I settle in.
C
Carlos Mendoza
Not What I Expected
I was really looking forward to this book, but it arrived with a few pages crinkled and the cover was a bit bent. The content seems interesting, but I haven't gotten far due to the initial disappointment with the condition. Hoping to enjoy it more once I settle in.
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⚠️ California Proposition 65 Warning: Some products sold on this website may expose you to chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm. For more information, visit www.P65Warnings.ca.gov.
