The American political economy : institutional evolution of market and state / Marc Allen Eisner.

Format:

Book

Author/Creator:

Eisner, Marc Allen.

Language:

English

Subjects (All):

United States--Economic policy.

United States.

Economic policy.

United States--Economic conditions.

Economic conditions.

Physical Description:

xii, 264 pages ; 23 cm

Edition:

Second edition.

Place of Publication:

New York, NY : Routledge, 2014.

Summary:

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 evolutionary-institutional framework that integrates perspectives in American political development and economic sociology. 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 economy, Expanded and updated discussion of Obama's economic policies. Updates to figures and data throughout the text. Book jacket.

Contents:

Part I Making Sense of the Political Economy 1

1 Beyond the Market-State Dichotomy 3

2 Making Sense of Institutions and Institutional Change 17

Part II The Evolution of the American Political Economy 41

3 The Progressive Regime and the Regulatory State 43

4 The Rise of the New Deal Regime 62

5 The Postwar Consolidation of the New Deal Regime 84

6 The Rise and Pause of the Keynesian Welfare State 104

7 The Neoliberal Regime and the Return of the Market 123

Part III Neoliberalism and Its Discontents 145

8 The Two Welfare States and the Coming Entitlement Crisis 147

9 The Global Economy and the Persistence of the State 170

10 The Financial Crisis and the Great Recession 188

11 Continuity and Change in the American Political Economy 216.

Notes:

Includes bibliographical references and index.

ISBN:

9780415708203

0415708206

9780415708210

0415708214

OCLC:

862053091