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Social and Behavioral Sciences Commons™
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Full-Text Articles in Social and Behavioral Sciences
Learning From Failure: A Review Of Peter Schuck’S Why Government Fails So Often: And How It Can Do Better (Book Review), David M. Levy, Sandra J. Peart
Learning From Failure: A Review Of Peter Schuck’S Why Government Fails So Often: And How It Can Do Better (Book Review), David M. Levy, Sandra J. Peart
Jepson School of Leadership Studies articles, book chapters and other publications
Peter Schuck catalogs an overwhelming list of US government failures. He points to both structural problems (culture and institutions) and incentives. Despairing of cultural change, Schuck focuses on incentives. He relies on Charles Wolf ’s theory of nonmarket failures in which “internalities” replace the heavily-studied market failure from externalities (Wolf 1979). Internalities are evidence of a discord between the public goals by which a program is defended and the private goals of its administrators. What might economists contribute? We suggest that economists have neglected internalities because they take group goals as exogenously determined and we defend an alternative tradition in …
Economics As Applied Ethics: Value Judgements In Welfare Economics By Wilfred Beckerman (Book Review), Jonathan B. Wight
Economics As Applied Ethics: Value Judgements In Welfare Economics By Wilfred Beckerman (Book Review), Jonathan B. Wight
Economics Faculty Publications
This is a well-written textbook geared to advanced undergraduate or graduate students of economics, many of whom are largely and regrettably innocent of the ethical problems inherent in conventional economic analysis. It compares with Daniel M. Hausman and Michael S. McPherson’s Economic analysis, moral philosophy, and public policy (2006) and Johan J. Graafland’s Economics, ethics, and the market: introduction and applications (2007). The book presupposes a fair amount of knowledge in both economics and ethics (it does not intend to be a primer in either). The author is professor emeritus at Balliol College, Oxford and honorary visiting professor of economics …
Jean Ensminger. Making A Market: The Institutional Transformation Of An African Society (Book Review), Sandra F. Joireman
Jean Ensminger. Making A Market: The Institutional Transformation Of An African Society (Book Review), Sandra F. Joireman
Political Science Faculty Publications
The publication of Making a Market marks yet another excellent contribution to the field from the Cambridge Series on Political Economy. Similar to the other volumes in the series, it emphasizes the interaction of political structures and institutions with economic change. Yet whereas most of the previous volumes in the series have been written by political scientists or economists, this book stands out as unique in that it is written from an anthropological perspective. Unusual as this is, the book gives an extremely sophisticated and readable application of the new institutional economics to the developing world.