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The War Against Joblessness: U.S. Intervention In State Labor Markets In Response To Economic Recessions, Latasha Y. Chaffin

Dissertations

In comparative political economy, nations whose governing institutions direct economic behavior towards the market are classified as liberal market economies, whereas those nations that direct economic behavior toward coordinated efforts between stakeholders, often amongst business, labor and the government, are categorized as coordinated market economies (Amberg 2008; Hall and Soskice 2001). In spite of the United States’ classification as a liberal market economy, during the recent global recession from 2007 to 2009, and in other critical times of economic decline such as the 1990–91 and 2001 recessions, the national government and state governments have mobilized their resources in order to …