- Häftad (Paperback / softback)
- Antal sidor
- New ed
- Harvard University Press
- Rothenberg, Lawrence S.
- 4 line illustrations, 17 tables
- 228 x 146 x 25 mm
- Antal komponenter
- 317 g
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Why Government Succeeds and Why It Fails
Why Government Succeeds - And Why it Fails
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Readers intrigued by the public policy between economics and politics will appreciate this effort to use economic theory to understand why specific policy approaches succeed or fail. Economist Glazer and political scientist Rothenberg base their analysis on four economic constraints (credibility, rational expectations, crowding in/crowding out, and multiple equilibria) that they consider particularly helpful in explaining public policy's success and failure...A demanding study...that offers useful insights. -- Mary Carroll Booklist 20010401 In their bold effort to explain why government succeeds (and why it fails), Amihai Glazer and Lawrence Rothenberg again prompt us to examine the relationship between politics and policy, this time by setting the "political machinations" of politicians and interest groups to the side in order to ask: How do economic conditions impact the success or failure of a public policy?...More specifically, they argue that an analysis of public policy based upon four economic constraints--credibility, rational expectations, crowding out or in, and multiple equilibria--will help reveal the kinds of problems that government is most likely able to solve, and why. -- Anne Khademian Perspectives on Politics 20060301
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Amihai Glazer is Professor of Economics at the University of California, Irvine. Lawrence S. Rothenberg is Max McGraw Distinguished Professor of Management & the Environment and Co-Director of the Ford Motor Company Center for Global Citizenship at the Kellogg School of Management, Northwestern University.
Acknowledgments Introduction: Public Policy-Limits and Possibilities How Economics Interacts with Politics Structure of Analysis Conceptual Apparatus: Economic Constraints What Makes Problems Soluble? 1. Macroeconomics: Can Government Control the Economy? Managing the Economy: Partisan Incentives and Political Cycles Monetary Policy and Rational Expectations Fiscal Policy-Is It Just Crowding Out? Exhortation: Persuasion and the Art of Equilibrium Selection Spending, Taxes, and Expectations: Budget Deficits as Policy Instruments Can Government Control the Economy? 2. Redistribution: A Success Story? Economic Constraints and Redistribution Uncertainty and Redistribution: Data Government Commitment to Future Redistribution Implications for Redistribution Effectiveness of Redistributive Policy Why Not Taxes? Conclusions: Redistributive Possibilities 3. When Can Government Regulate? The Scope of Regulation Regulating Firms: Possibilities and Pitfalls Regulating Consumer Behavior Conditions for Regulatory Success 4. Producing Goods and Services: Getting the Right Mix What Is Production? Crowding Out Private Provision Credibility as an Obstacle to Inducing Production Credibility as an Obstacle to Restricting Production Production Is Difficult 5. Economic Constraints and Political Institutions Divided Government and the Politics of Gridlock Federalism and the Devolution of Authority Political and Policy Reform What Do Politicians Know? Institutional Design and Policy Effectiveness 6. Final Thoughts What Can Government Do? Five Lessons Conclusions: The Burden of Government Notes References Index