The collapse of central planning was hailed as evidence of the economic and moral superiority of capitalism over any possible alternative. The essays in this bo

Countries vary systematically with respect to the incentives of politicians to provide broad public goods, and to reduce poverty. Even in developing countries t

*** Winner of the Myrdal Prize for Evolutionary Political Economy *** The last few years have seen the spectacular failure of market fundamentalism in Europe an

This book asks whether a modern, efficient economy can be rendered democratically accountable, and, if so, what strategic changes might be required to regulate

If the twentieth century was only focused on the complementarity and the opposition of market and state, the twenty-first century has now to deal with the promi