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American Industrial Policy: Free or Managed Markets? 1997 Edition
Contributor(s): Nester, William R. (Author)
ISBN: 0312165927     ISBN-13: 9780312165925
Publisher: Palgrave MacMillan
OUR PRICE:   $161.49  
Product Type: Hardcover - Other Formats
Published: July 1997
Qty:
Annotation: This book explores the evolution and results of federal policies towards half a dozen economic sectors.
Additional Information
BISAC Categories:
- Political Science | Labor & Industrial Relations
- Business & Economics | Development - Economic Development
- Political Science | World - European
Dewey: 338.973
LCCN: 96035137
Physical Information: 1.14" H x 5.72" W x 8.84" (1.09 lbs) 288 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
What is the government's proper role in the economy? Do free or managed markets best promote economic development? Who can best pick industrial winners and losers, the government or private sector? This book attempts to answer those and related questions by exploring the evolution and results of federal policies towards half a dozen economic sectors. Those policies are largely determined by the representatives of the targeted industry, bureaucrats from agencies and departments that administer that industry, and politicians with firms from that industry in their districts. These 'iron triangles' capture a 'virtuous' political economic cycle in which they use their united power to grant themselves favourable policies which in turn enhances their power. As will be seen, the results of such a politicized industrial policy process varies considerably from one industry to the next.