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Amihai Glazer, Lawrence S. Rothenberg
ISBN: 9780674015890
Format: Paperback
Publisher:Harvard University Press
Edition: New edition
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This book shows how the ability of the U.S. government to implement policies is strongly affected by various economic constraints. These include the credibility of the policies, the ability of government to commit to them, the extent to which firms and consumers rationally anticipate their effects, whether the success of a policy further encourages firms and individuals to behave in intended ways, and whether the behavior of such actors can be sustained without continued government intervention.
This book looks beyond politics to show how the ability of the U.S. government to implement policies is strongly affected by various economic constraints. These include the credibility of the policies, the ability of government to commit to them, the extent to which firms and consumers rationally anticipate their effects, whether the success of a policy further encourages firms and individuals to behave in intended ways, and whether the behavior of such actors can be sustained without continued government intervention. The authors apply these concepts to four areas of policy: macroeconomic policies to promote employment and economic growth, redistributive policies to benefit the poor and the elderly, production policies to provide goods and services, and regulatory policies to guide the behavior of firms and individuals. In doing so they provide plausible explanations of many puzzling phenomena--for example, why government has been successful in reducing cigarette smoking, but has failed to get people to install and maintain emission-control devices in their cars. This book recasts debates about public policy, avoiding conventional "pro-government" or "anti-government" positions; rather, it helps to predict when public policy will succeed.
| ISBN | 0674015894 | | Pages | 224 | | ISBN13 | 9780674015890
(What's this?) | | Volumes | 1 | | Publisher | Harvard University Press | | Weight (grammes) | 322 | | Imprint | Harvard University Press | | Published in | Cambridge, Mass | | Format | Paperback | | Height (mm) | 225 | | Publication date | 01 Feb 2005 | | Width (mm) | 143 | | Library of Congress | 00050027 | | Spine width (mm) | 15 | | DEWEY | 320.60973 | | Academic level | Professional / Scholarly | | DEWEY edition | DC21 | |
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| | | Introduction : public policy - limits and possibilities | | 1 | | 1 | | Macroeconomics : can government control the economy? | | 20 | | 2 | | Redistribution : a success story? | | 48 | | 3 | | When can government regulate? | | 72 | | 4 | | Producing goods and services : getting the right mix | | 96 | | 5 | | Economic constraints and political institutions | | 118 | | 6 | | Final thoughts | | 139 |
Readers intrigued by the public policy between economics and politics will appreciate this effort to use economic theory to understand why specific policy approaches succeed or fail. Economist Glazer and political scientist Rothenberg base their analysis on four economic constraints (credibility, rational expectations, crowding in/crowding out, and multiple equilibria) that they consider particularly helpful in explaining public policy's success and failure...A demanding study...that offers useful insights. -- Mary Carroll Booklist 20010401 In their bold effort to explain why government succeeds (and why it fails), Amihai Glazer and Lawrence Rothenberg again prompt us to examine the relationship between politics and policy, this time by setting the "political machinations" of politicians and interest groups to the side in order to ask: How do economic conditions impact the success or failure of a public policy?...More specifically, they argue that an analysis of public policy based upon four economic constraints--credibility, rational expectations, crowding out or in, and multiple equilibria--will help reveal the kinds of problems that government is most likely able to solve, and why. -- Anne Khademian Perspectives on Politics 20060301  Be the first to write a customer review
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