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States and Markets: A Primer in Political Economy - Hardcover

 
9780521828048: States and Markets: A Primer in Political Economy
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The purpose of this text is to introduce concepts for studying relationships between states and markets. The economy and the state are thus analyzed as networks of relationships between principals and agents, each occupying a particular position in the institutional structure. The book then analyzes systematically the effect of the organization of the state on the functioning of the economy. It isolates the conditions that trigger government's positive or negative responses to the economy.

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Book Description:
The purpose of this book is to introduce the reader to the concepts and tools for studying relations between states and markets. The focus is methodological. Both the economy and the state are analyzed as networks of relations between principals and agents, occupying particular places in the institutional structure.Having introduced the principal-agent framework, the book analyzes systematically the effect of the organization of the state on the functioning of the economy. The central question is under what conditions government will do what they should be doing and not do what they should not.
About the Author:
Adam Przeworski is the Carroll and Milton Petrie Professor of Politics at New York University. Previously, he was the Martin A. Ryerson Distinguished Service Professor at the University of Chicago. He is the author of thirteen books and numerous articles. His recent publications include Democracy and Development, co-authored with Michael R. Alvarez, Jose Antonio Cheibub and Fernando Limongi (2000), Democracy and the Rule of Law, co-edited with Jose Maria Maravall (2003), and States and Markets (2003). He is the recipient of the 2001 Woodrow Wilson Prize.

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