Study of changes in USA economic policy and the uses of economics in politics - includes fiscal policy. References pp. 175 to 189.

"This book encapsulates the six papers delivered during the 54th Werner Sichel Lecture Series, held on the campus of Western Michigan University during the academic year 2017-2018. The book's title is taken from the theme for that year's lecture series, "The Political Economy of Inequality: U.S. and Global Dimensions.""--

"Despite the otherworldly situations he's gotten into, Keiichi's everyday joy is still found as an engineer and mechanic. And as Chihiro's training retreat by the seashore continues, the two of them put that shared passion into practice by building two bikes based on different philosophies, with the help of her old high-school friends Eri and Tasuga--plus (or maybe minus) the 'help' of Urd and Skuld!"--p.[4] of cover.

Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

Walter W. Heller was Chairman of the Council of Economic Advisers throughout President Kennedy's Administration and during the first year of President Johnson's. Here, in a book of immediate importance and great vision, he examines the profound and rapid changes that are taking place during the 1960's in American economic policy. In this decade economics has come of age, and the Keynesian revolution has been completed. The economic health and stability of the nation are now among the President's major concerns. The need to formulate policy in this area has thrust the political economist into a new and leading role as Presidential adviser, and Mr. Heller is in a unique position to offer an inside account of these developments. In his first book since leaving Washington to return to the University of Minnesota, he describes the emergence of Presidents Kennedy and Johnson as practicing economists, evaluates their economic policies, and sketches the patterns that are being established for the future. He tells how the grip of economic myths and false fears has been loosened in the government, with the result that economic policy is focused on sustaining prosperity without inflation, on speeding economic growth, and on realizing the fruits of true fiscal abundance. Finally, Mr. Heller for the first time discusses in detail his own plan for revenue sharing, a new method of enlarging the flow of Federal funds to the states. The plan offers the exciting promise of a stronger fiscal base for our federalism, not only by expanding the present system of Federal grants, but also--when the demands of Vietnam relent--by developing new forms of fiscal support for state and local government. Parts of this book were delivered by Mr. Keller as the Godkin Lectures at Harvard University in March 1966.

Over its lifetime, 'political economy' has had different meanings. This handbook views political economy as a synthesis of the various strands of social science, treating it as the methodology of economics applied to the analysis of political behaviour and institutions.

Urban education and its contexts have changed in powerful ways. Old paradigms are being eclipsed by global forces of privatization and markets and new articulations of race, class, and urban space. These factors and more set the stage for Pauline Lipman's insightful analysis of the relationship between education policy and the neoliberal economic, political, and ideological processes that are reshaping cities in the United States and around the globe. Using Chicago as a case study of the interconnectedness of neoliberal urban policies on housing, economic development, race, and education, Lipman explores larger implications for equity, justice, and "the right to the city". She draws on scholarship in critical geography, urban sociology and anthropology, education policy, and critical analyses of race. Her synthesis of these lenses gives added weight to her critical appraisal and hope for the future, offering a significant contribution to current arguments about urban schooling and how we think about relations between neoliberal education reforms and the transformation of cities. By examining the cultural politics of why and how these relationships resonate with people's lived experience, Lipman pushes the analysis one step further toward a new educational and social paradigm rooted in radical political and economic democracy.

This volume serves as an introduction to the field of positive political economy and the economic and political processes with which it is concerned. This new research tradition is distinct from both normative and historical approaches to political economy. Grounded in the rational-actor methodology of microeconomics, positive political economy is the study of rational decisions in a context of political and economic institutions. More analytical than traditional approaches, it is concerned with the derivation of principles and propositions against which real-world experience may be compared. Its focus is on empirical regularities, and its goal is theoretical explanation. The field has focused on three main areas of research: models of collective action, constraints on competitive market processes, and the analysis of transaction costs. Developments in all of these areas are covered in the book. The first part of the volume surveys the field, while the second part displays positive political economy at work, examining a variety of subjects. The final part contains essays by leading political economists on the theoretical foundations of the field.

Media, Development, and Institutional Change investigates mass media s profound ability to affect institutional change and economic development. The authors use the tools of economics to illuminate the media s role in enabling and inhibiting political economic reforms that promote development. The book explores how media can constrain government, how governments manipulate media to entrench their power, and how private and public media ownership affects a country s ability to prosper. The authors identify specific media-related policies governments of underdeveloped countries should adopt if they want to grow. They illustrate why media freedom is a critical ingredient in the recipe of economic development and why even the best-intentioned state involvement in media is more likely to slow prosperity than to enhance it. Scholars and students of economics, political science and sociology; policy-makers, analysts and others in the development community; and academics in media studies will find this book insightful and provocative.