BRAND NEW Hardcover A Brand New Quality Book from a Full-Time Bookshop in business since 1992!. Bookseller Inventory #
Synopsis: Does major political reform require a crisis? When do new ideas emerge in politics? How can one person make a difference?
In short: how and when does political change happen? Madmen, Intellectuals, and Academic Scribblers tackles these big questions, arguing that ideas and entrepreneurship are the key ingredients in any episode of political change. Authors Wayne A. Leighton and Edward J. López begin with the first lesson in economics -- incentives matter -- and artfully explain how the lesson applies throughout political life. Incentives explain why democracies often generate policies that impose net costs on society, and why these inefficient policies persist for years.
Yet beneficial reform does sometimes occur. So Madmen goes beyond incentives to offer a framework in which political change channels its way from ideas in society, through society's shared institutions (i.e., its rules of the game), which then shape incentives. This type of change is seldom easy, because new ideas for shaping the rules of the game must overcome two forces in society: widely shared beliefs and powerfully vested interests. Yet at certain political moments - perhaps during a crisis, but not always - shared beliefs and vested interests begin to weaken, and the opportunity for reform emerges. Within this framework, Madmen shows why certain inefficient policies eventually get repealed (e.g., airline rate and route regulation), while others endure (e.g., sugar subsidies and tariffs).
Drawing on the history of Western political ideas, both in theory and in practice, Madmen matches up three key ingredients - ideas, rules, and incentives - with the characters who make political waves: "madmen in authority" (such as Franklin Delano Roosevelt and Margaret Thatcher), "intellectuals" (like George Will or Jon Stewart), and "academic scribblers" (in the vein of Friedrich Hayek and John Maynard Keynes).
Political change happens when these characters - called political entrepreneurs - notice areas of weakness in the structure of ideas, rules, and incentives, and then find ways to change the rules of the game in those areas. These entrepreneurs in political change may be philosophers, opinion makers, political leaders, or other types of influencers. What they have in common is an interest in better ideas--ones that improve the human condition--and a vision to change incentives and outcomes.
Madmen helps leaders in business and politics, and opinion-makers everywhere, better understand where the next opportunities are emerging. Students and professors will eat up its history of ideas, from the Ancients Greeks to Adam Smith, and from the Progressives to modern political economy. Using the framework laid out by the authors, readers of all stripes will see how they can be entrepreneurs in promoting effective political change.
From the Author: Catch up with Wayne Leighton and Edward Lopez at PoliticalEntrepreneurs.com.
Title: Madmen, Intellectuals, and Academic ...
Publisher: Stanford Univ Press
Book Condition: BRAND NEW
Book Description Stanford University Press. Hardcover. Condition: As New. Excellent condition with minimal visible wear. Seller Inventory # G0804780978I2N00
Book Description Stanford Economics and Finance. Hardcover. Condition: GOOD. Spine creases, wear to binding and pages from reading. May contain limited notes, underlining or highlighting that does affect the text. Possible ex library copy, thatâ€™ll have the markings and stickers associated from the library. Accessories such as CD, codes, toys, may not be included. Seller Inventory # 2818121395
Book Description Stanford Economics and Finance, 2012. Hardcover. Condition: Good. Ex-library book in good condition with typical stamps and markings. Pages are clean and the binding is tight. *NOTE* Stock photo may not represent the actual book for sale. Seller Inventory # mon0000479978
Book Description Condition: Good. Item is in good condition. May include some wear and creases on the cover. Fast shipping. Free delivery confirmation with every order. Seller Inventory # 1XM6JZ003WS9
Book Description Stanford Economics and Finance, 2012. Condition: Good. Ships from Reno, NV. Former Library book. Shows some signs of wear, and may have some markings on the inside. Seller Inventory # GRP93137786
Book Description Stanford Economics and Finance, 2012. Condition: Very Good. Ships from Reno, NV. Former Library book. Great condition for a used book! Minimal wear. Seller Inventory # GRP93158907
Book Description Stanford Economics and Finance, 2012. Condition: Very Good. Great condition for a used book! Minimal wear. Seller Inventory # GRP83391211
Book Description Stanford Economics and Finance. Hardcover. Condition: Good. 0804780978 Clean, unread hardcover with modest shelfwear including a bump/tear to the boards, no dust jacket and a publisher's mark to one edge - otherwise Nice!. Seller Inventory # Z0804780978Z3
Book Description Stanford Economics and Finance November 2012, 2012. Hardcover. Condition: Used; Very Good. Dust Jacket Condition: Fine. Red dot inside front cover. No marks or writing observed in text. Binding tight and square. Gently read. Seller Inventory # 61359
Book Description Stanford Economics and Finance - Stanford University Press, 2013. Hardcover. Condition: Very Good. No markings, tight, clean. 209 pages. Seller Inventory # 202627