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The Evolution of Modern States

2010-07-19 Political Science
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Release : 2010-07-19
Genre : Political Science
Kind : eBook
Book Rating : 370/5 ( reviews)

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Book Synopsis The Evolution of Modern States by : Sven Steinmo

Download or read book The Evolution of Modern States written by Sven Steinmo. This book was released on 2010-07-19. Available in PDF, EPUB and Kindle. Book excerpt: The Evolution of Modern States, first published in 2010, is a significant contribution to the literatures on political economy, globalization, historical institutionalism, and social science methodology. The book begins with a simple question: why do rich capitalist democracies respond so differently to the common pressures they face in the early twenty-first century? Drawing on insights from evolutionary theory, Sven Steinmo challenges the common equilibrium view of politics and economics and argues that modern political economies are best understood as complex adaptive systems. The book examines the political, social, and economic history of three different nations - Sweden, Japan, and the United States - and explains how and why these countries have evolved along such different trajectories over the past century. Bringing together social and economic history, institutionalism, and evolutionary theory, Steinmo thus provides a comprehensive explanation for differing responses to globalization as well as a new way of analyzing institutional and social change.

An Evolutionary Theory of Economic Change

1985-10-15 Business & Economics
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Release : 1985-10-15
Genre : Business & Economics
Kind : eBook
Book Rating : 431/5 ( reviews)

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Book Synopsis An Evolutionary Theory of Economic Change by : Richard R. Nelson

Download or read book An Evolutionary Theory of Economic Change written by Richard R. Nelson. This book was released on 1985-10-15. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

The Evolution of a Nation

2012 Business & Economics
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Release : 2012
Genre : Business & Economics
Kind : eBook
Book Rating : 041/5 ( reviews)

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Book Synopsis The Evolution of a Nation by : Daniel Berkowitz

Download or read book The Evolution of a Nation written by Daniel Berkowitz. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt: The book also examines the effects of early legal systems.

The American Political Economy

2013-12-17 Political Science
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Release : 2013-12-17
Genre : Political Science
Kind : eBook
Book Rating : 737/5 ( reviews)

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Book Synopsis The American Political Economy by : Marc Allen Eisner

Download or read book The American Political Economy written by Marc Allen Eisner. This book was released on 2013-12-17. Available in PDF, EPUB and Kindle. Book excerpt: Policy debates are often grounded within the conceptual confines of a state-market dichotomy, as though the two existed in complete isolation. In this innovative text, Marc Allen Eisner portrays the state and the market as inextricably linked, exploring the variety of institutions subsumed by the market and the role that the state plays in creating the institutional foundations of economic activity. Through a historical approach, Eisner situates the study of American political economy within a larger evolutionary-institutional framework that integrates perspectives in American political development and economic sociology. This volume provides a rich understanding of the complexity of U.S. economic policy, explaining how public policies become embedded in bureaucracy and reinforced by organized beneficiaries and public expectations. This path-dependent layering process helps students better understand the underlying historical dynamics, which provide a clearer sense of the constraints faced by policymakers now and in the future. The revisions to the second edition include: Complete rewrite of the chapter on the recent financial crisis, adding in commentary on the debt ceiling, the fiscal cliff, and other recent events. New material added and existing material updated in the chapter discussing the two welfare states. Extensive updates to the coverage of the global economy Expanded and updated discussion of Obama’s economic policies. Updates to figures and data throughout the text.

Economics, Evolution and the State

2005-01-01 Business & Economics
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Release : 2005-01-01
Genre : Business & Economics
Kind : eBook
Book Rating : 020/5 ( reviews)

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Book Synopsis Economics, Evolution and the State by : Kurt Dopfer

Download or read book Economics, Evolution and the State written by Kurt Dopfer. This book was released on 2005-01-01. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the emerging field of evolutionary economic policy, highlighting the interface between the state, markets, and the evolutionary complexity of modern economies. The contributors explore the possibilities and limitations of governance, and provide a unique platform for the advancement of modern evolutionary economic theory.

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