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Modern Political Economy
Old Topics, New Directions


Part of Political Economy of Institutions and Decisions

Alberto Alesina, Jeffrey S. Banks, David B. Baron, Randall Calvert, John Ferejohn, Edward M. Gramlich, Eric A. Hanushek, Raymond Riezman, William Riker, Pablo T. Spiller, David L. Weimer, John Douglas Wilson
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  • Date Published: November 1995
  • availability: Available
  • format: Hardback
  • isbn: 9780521472333

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About the Authors
  • Political economy has been an essential realm of inquiry and has attracted myriad intellectual adherents for much of the period of modern scholarship. The discipline's formal split into the distinct studies of political science and economics in the nineteenth-century, while advantageous for certain scientific developments, has biased the way economists and political scientists think about many issues, and has placed artificial constraints on the study of many important social issues. This volume calls for a reaffirmation of the importance of the unified study of political economy, and explores the frontiers of the interaction between politics and markets. This volume brings together intellectual leaders of various areas, drawing upon state-of-the-art theoretical and empirical analysis from each of the underlying disciplines. Each chapter, while beginning with a survey of existing work, focuses on profitable lines of inquiry for future developments. Particular attention is devoted to fields of active current development.

    • Essays from prominent scholars across several fields and disciplines involving political economy
    • Deals with material considered to be on the cutting edge of the study of political economy
    • Interdisciplinary appeal
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    Product details

    • Date Published: November 1995
    • format: Hardback
    • isbn: 9780521472333
    • length: 284 pages
    • dimensions: 229 x 152 x 19 mm
    • weight: 0.59kg
    • contains: 1 b/w illus. 4 tables
    • availability: Available
  • Table of Contents

    1. Introduction Jeffrey S. Banks and Eric A. Hanushek
    2. The economics and politics of regulation: perspectives, agenda and approaches David P. Baron
    3. Regulatory commitment and utilities' privitazation: implications for future comparative research Pablo T. Spiller
    4. The political economy of transformation: liberalization and property rights William Riker and David L. Weimer
    5. Politics and trade policy Raymond Riezman and John Douglas Wilson
    6. Elections, party structure and the economy Alberto Alesina
    7. The politics and economics of budget deficit control: policy questions and research questions Edward M. Gramlich
    8. Law, legislation, and positive political theory John Ferejohn
    9. The rational choice theory of social institutions: cooperation, coordination and communication Randall L. Calvert.

  • Instructors have used or reviewed this title for the following courses

    • Game Theory ll
  • Editors

    Jeffrey S. Banks, University of Rochester, New York

    Eric Allen Hanushek, University of Rochester, New York


    Alberto Alesina, Jeffrey S. Banks, David B. Baron, Randall Calvert, John Ferejohn, Edward M. Gramlich, Eric A. Hanushek, Raymond Riezman, William Riker, Pablo T. Spiller, David L. Weimer, John Douglas Wilson

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