Robust Political Economy: Classical Liberalism and the Future of Public Policy (New Thinking in Political Economy series) - Image 1

£110.59

Edward Elgar Publishing Robust Political Economy: Classical Liberalism and the Future of Public Policy (New Thinking in Political Economy series)

Name: Robust Political Economy: Classical Liberalism and the Future of Public Policy (New Thinking in Political Economy series)
Brand: Edward Elgar Publishing
Price: 110.59 GBP
Availability: InStock

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Description

This important book offers a comprehensive defence of classical liberalism against contemporary challenges. It sets out an analytical framework of 'robust political economy' that explores the economic and political problems that arise from the phenomena of imperfect knowledge and imperfect incentives. Using this framework, the book defends the classical liberal focus on markets and the minimal state from the critiques presented by 'market failure' economics and communitarian and egalitarian variants of political theory. Mark Pennington expertly applies the lessons learned from responding to these challenges in the context of contemporary discussions surrounding the welfare state, international development, and environmental protection. Written in an accessible style, this authoritative book would be useful for both undergraduate and graduate students of political economy and public policy as a standard reference work for classical liberal analysis and a defence of its normative prescriptions. The book's distinctive approach will ensure that academic practitioners of economics and political science, political theory and public policy will also find its controversial conclusions insightful. Contents: 1. Introduction: Classical Liberalism and Robust Political Economy; Part I: Challenges to Classical Liberalism; 2. Market Failures 'Old' and 'New': The Challenge of Neo-Classical Economics; 3. Exit, Voice and Communicative Rationality: The Challenge of Communitarianism I; 4. Exit, Trust and Social Capital: The Challenge of Communitarianism II; 5. Equality and Social Justice: The Challenge of Egalitarianism; Part II: Towards the Minimal State; 6. Poverty Relief and Public Services: Welfare State or Minimal State?; 7. Institutions and International Development: Global Governance or the Minimal State?; 8. Environmental Protection: Green Leviathan or the Minimal State?; 9. Conclusion; Bibliography; Index

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1845426215
Category: Books > Subjects > Business, Finance & Law > Economics > Economic Conditions
Domain: Amazon UK
Release Date: 28 December 2010
Listed Since: 09 August 2010

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Edward Elgar Publishing Robust Political Economy: Classical Liberalism and the Future of Public Policy (New Thinking in Political Economy series)

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