{"product_id":"the-american-political-economy-institutional-evolution-of-market-and-state-9780415708210","title":"The American Political Economy: Institutional Evolution of Market and State","description":"\u003cp\u003ePolicy 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 Obamas economic policies. Updates to figures and data throughout the text.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":45647005745205,"sku":"ByrdShop_0415708214","price":37.06,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780415708210.jpg?v=1781685213","url":"https:\/\/atxbooks.com\/products\/the-american-political-economy-institutional-evolution-of-market-and-state-9780415708210","provider":"ATX Books","version":"1.0","type":"link"}