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Traditional public policy and welfare economics have held that market failures are common, requiring the intervention of government in order to serve and protec

The attempt to reduce the role of the state in the market through tax cuts, decreases in social spending, deregulation, and privatization—“neoliberalism”�

Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

After two generations of emphasis on governmental inefficiency and the need for deregulation, we now see growing interest in the possibility of constructive gov