Record Detail Back
The Regulated Econo
- Share to:
Government intervention is perhaps the most universal institutional change in the development of modern economies. Yet there is considerable debate on the relationship between economic development and the expansion of government. The relationship has been viewed as causal, but both directions have been emphasized. To many, government fosters economic growth. To others, economic growth, because of increased capturable rents, provides incentives for government to expand, and more government, it is asserted, stifles growth. This volume explores how interest groups affected the development of government policies, how particular ex ante institutional arrangements altered the form of government regulation, and how the necessity for coalition formation often transformed the structure of regulation and legislation. The eight papers in this volume were presented at a pre conference (in Tucson, AZ, on 30-3 1 October 1992) and a conference (in Cambridge, MA, on 20-21 May 1993) on historical political economy.
Our goal is to examine the ways constituent groups emerged and demanded government action to solve perceived economic problems such as exorbitant railroad and utility rates, bank failure, the financing of government, falling agricultural prices, the immigration of low-skilled workers, and workplace in-
jury. The papers are case studies of the origins of government intervention in the economy, which we have termed “the regulated economy.” As such they provide a means of observing the process by which governmental economic policies are formed.
Claudia Goldin and Gary D. Libecap - Personal Name
1st Edtion
NONE
The Regulated Econo
Management
English
2015
1-324
LOADING LIST...
LOADING LIST...