Events such as the global financial crisis have helped reveal that the drivers and contours of governance on a national and international level remain a mystery in many respects. Set in this context, this timely Research Handbook is the first to explicitly address the constitutive relationship between law and political economy. With scholarly contributions from diverse disciplinary and geographic backgrounds, this authoritative book covers, in three parts, topics surrounding money and markets, the relations of organization, and commodities, land and resources.
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Edited by Ugo Mattei and John D. Haskell
Edited by Richard J. Cebula, Joshua Hall, Franklin G. Mixon Jr and James E. Payne
Expert editors add to an important field of research, the economics of entrepreneurship, and explore how institutions influence entrepreneurial behavior. This book provides comprehensive and contemporary insights into the interaction between economic behavior of firms and households, economic freedom, and entrepreneurship, and how it generates an environment with greater opportunities for growth and development for individuals, households, and private-sector firms.
A Multidisciplinary Analysis
Edited by Jan Wouters, Antoon Braekman, Matthias Lievens and Emilie Bécault
Globalization needs effective global governance. The important question of whether this governance can also become democratic is, however, the subject of a political and academic debate that began only recently. This multidisciplinary book aims to move this conversation forward by drawing insights from international relations, political theory, international law and international political economy. Focusing on global environmental, economic, security and human rights governance, it sheds new light on the democratic deficit of existing global governance structures, and proposes a number of tools to overcome it.
James M. Buchanan and Yong J. Yoon
Inspired by F.A. Hayek’s Individualism and Economic Order, this book also stands in contrast to the themes of that work, by emphasizing that collective action works differently from the way the market works. The chapters comprise papers written by James M.Buchanan, both with and without Yoon’s co-authorship, after the publication of his Collected Work volumes. These chapters reflect the authors' thoughts on politics, seen through the lens of fiscal policy and the tragedies of the commons and anti-commons in collective action. The pathologies of democratic politics rigorously analyzed in the book prove the relevance of Buchanan's constitutionalism
Edward D. Mansfield
In recent decades, the international economy has witnessed profound changes. International Trade and the New Global Economy discusses key papers on leading research into the links between these changes and international trade. The seminal papers explored in this research review are written by an outstanding set of distinguished economists and political scientists who address the proliferation of preferential trade agreements, the effects of the Great Recession on trade, and mass attitudes about trade and globalization.
Groupthink and Denial on a Grand Scale
Eurozone Dystopia traces the origin of the Eurozone and shows how the historical Franco-German rivalry combined with the growing dominance of neo-liberal economic thinking to create a monetary system that was deeply flawed and destined to fail. It argues that the political class in Europe is trapped in a destructive groupthink which prevents it from seeing their own policy failures. Millions are unemployed as a result and the member states are caught in a cycle of persistent stagnation and rising social instability.
50 Years of Conflict and Convergence
Timothy E. Josling and Stefan Tangermann
Transatlantic Food and Agricultural Trade Policy traces the past fifty years of transatlantic trade relations in the area of food and agricultural policy, from early skirmishes over chicken exports to ongoing conflicts over biotech foods and hormone use in animal rearing. The current talks on a free-trade area between the US and the EU (TTIP) bring all these differences to the negotiating table. The book points to possible solutions to these decades-old problems.
Edited by Alessandro Bonanno and Lawrence Busch
This book tackles the central question of the political and structural changes and characteristics that govern agriculture and food. Original contributions explore this highly globalized economic sector by analyzing salient geographical regions and substantive topics. Along with chapters that investigate agri-food in North America, Europe, Latin America, Asia and Oceania, the book includes contributions that cover topics such as labor, science and technology, the financialization of agri-food, and supermarkets.
A Critical Political Economy of Trade Theory and Practice
This book challenges both sides of the debate around international trade. Most mainstream economists advocate free trade as a mainstay of national and global prosperity. Meanwhile, many critics see trade causing inequality and poverty. Unfortunately, supporters and opponents share many assumptions about trade and the character of the international economy and produce similarly abstract and asocialized theories. Their propositions need to be investigated critically, and in doing so, this book begins the task of assessing when and how trade matters.
Edited by Roger D. Congleton and Arye L. Hillman
The quest for benefit from existing wealth or by seeking privileged benefit through influence over policy is known as rent seeking. Much rent seeking activity involves government and political decisions and is therefore in the domain of political economy, although it can also take place in personal relations and within firms and bureaucracies. Rent seeking, which involves the unproductive use of resources, is however primarily associated with policies that create rents as well as rent extraction or political benefit for the creators of rents. The contributions in this outstanding volume provide an accompaniment or “companion” to the literature on rent seeking and the related political economy of rent creation and extraction. The chapters, written by leading scholars in the field, demonstrate the centrality of rent-related incentives to the study of economics, politics, culture, public administration and history.