"...Pierre-Richard Agénor lays solid foundations for intelligent public debates about development policy in a book that weaves together empirical evidence, economic intuition, and rigorous theory. The outcome is an ideal reference for those who study, teach, and work in the fields of economic growth, development, and poverty alleviation."--Costas Azariadis, Washington University in St. Louis
"Roll over economists. We have always, pridefully, thought of ourselves as the major arbiters of good public policy: take it or leave it based on cost-benefit analysis. The Behavioral Foundations of Public Policy challenges that hegemony. In each interesting chapter--on topics ranging from discrimination and poverty to health, savings, and bureaucracy--the book shows the role of psychology in public policy. Only one word can describe this book: wow!"--George Akerlof, Nobel Laureate in Economics
"...What is of special value here is his economic analysis, including the use of regressions to show that price movements in the Roman provinces must be linked to those in Rome itself, and that the Roman economy, therefore, was a market economy. Whether one agrees or not with this basic conclusion, the framing of the evidence will alter the terms of the debate, and not just for the Roman economy but for Hellenistic economies as well. The book is a must-read for all economic historians and will surely become one of the most widely read books on the ancient economy."--J. G. Manning, Yale University
"This is the definitive statement from the fragile financial sector wing of post-Keynesian economists as to why we should be deeply pessimistic about where the economy is and where it is likely to remain." -- Eugene Smolensky, University of California, Berkeley
The Occupy Wall Street movement has ignited new questions about the relationship between democracy and equality in the United States. Are we also entering a moment in history in which the disjuncture between our principles and our institutions is cast into especially sharp relief?
"Anton Hemerijck's Changing Welfare States is a tour de force. Ranging broadly across countries, time periods, and policy areas, the book provides an overview of where we have been and where we might fruitfully go in terms of welfare state policy. The theoretical framework he advances deftly combines the best of institutional accounts and policy learning models into a realistic view of the possibilities of politics within evolving institutional constraints. Essential reading for scholars and policy makers alike." - Kathleen Thelen, MIT
This book presents a perspective on the role of the dollar exchange rate in undergirding multilateral trade on a global basis, both as a facilitator and as an anchor. Instability in the dollar standard is linked to commodity price bubbles, particularly spikes in the world price of oil in the 1970s and since 2007.