Economic ideas, policy and national culture : a comparison of three market economies / edited by Eelke de Jong.

Format:

Book

Contributor:

Jong, Eelke de, 1955- editor.

Series:

Routledge frontiers of political economy.

Routledge frontiers of political economy

Language:

English

Subjects (All):

Comparative economics.

United States--Economic policy.

United States.

France--Economic policy.

France.

Germany--Economic policy.

Germany.

Physical Description:

1 online resource (234 pages) : illustrations.

Edition:

First edition.

Place of Publication:

Abingdon, Oxon : Routledge, [2022]

Summary:

"All human beings develop a certain view on the world, and individuals belonging to the same national cultures are likely to develop very similar views with one another. In this same manner, academic economists and policymakers are consistently exposed to the same view on the preferred way of organizing an economy as the rest of the population of their given country. This book explores the economic impacts of these shared cultural values, focusing on the wider economies of the USA, Germany, and France. These three countries represent broadly different types of economic organization and their corresponding economic ideologies: a free market economy, a coordinated market economy, and a hierarchical market economy. The contributors to this edited volume work to examine the extent to which the shared worldviews between academic economists, policymakers, the wider population, and the tradition of each economic thought in which the economy fits, impacts these economies. In particular, the chapters look at the design of the labor market, the financial system, competition policy, and monetary policy. The work also explores the extent to which the shared views on national culture and economic systems and policies in these countries contribute to the population's well-being overall. This book makes an invaluable contribution to the literature on comparative economics, economic policy, well-being and cultural economics. Eelke de Jong is Professor in International Economics at the Radboud University, Nijmegen, The Netherlands"-- Provided by publisher.

Contents:

Part I. Setting the stage

Chapter 1. Introduction and motivation / Eelke de Jong

Chapter 2. National culture in the three types of market economies / Eelke de Jong and Annemiek Schilpzand

Part II. Economic ideas

Chapter 3. The morality of the market process and the normative implications of catallactic competition / Rosolino A. Candela

Chapter 4. Markets, morality, and human flourishing in the ordoliberal tradition / Roland Fritz and Nils Goldschmidt

Chapter 5. The market in the hierarchical market tradition: the case of post-war French economic thought / Ivan Boldyrev

Part III. Policy

Chapter 6. Three varieties of labour markets: three varieties of human flourishing? / Lei Delsen

Chapter 7. Do national financial systems still reflect national values? The case of the United States, Germany, and France / Eelke de Jong

Chapter 8. Competition policy within the free, hierarchical and coordinated market tradition / Iwan Bos

Chapter 9. Central bank independence and monetary policy in the US, Germany and France: have they converged? / Eelke de Jong

Part IV. Concluding remarks

Chapter 10. Conclusions and discussion / Eelke de Jong.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9781003208549

1003208541

9781000476446

1000476448

9781000476484

1000476480

OCLC:

1255523840