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Governance Amid Bigger,Better Markets
     

Governance Amid Bigger,Better Markets

by John D. Donahue, Joseph S. Nye
 

ISBN-10: 0815702019

ISBN-13: 9780815702016

Pub. Date: 12/28/2001

Publisher: Brookings Institution Press

Changing markets are challenging governance. The growing scale, reach, complexity, and popular legitimacy of market institutions and market players are re-opening old questions about the role of the public sector and redefining what it means to govern well. This volume—the latest publication from the Visions of Governance in the 21st Century program at the

Overview

Changing markets are challenging governance. The growing scale, reach, complexity, and popular legitimacy of market institutions and market players are re-opening old questions about the role of the public sector and redefining what it means to govern well. This volume—the latest publication from the Visions of Governance in the 21st Century program at the Kennedy School of Government—explores the way evolving markets alter the pursuit of cherished public goals. John D. Donahue and Joseph S. Nye, Jr. frame the inquiry with an essay on governing well in an age of ascendant markets. Other contributors (all from Harvard's Kennedy School unless otherwise indicated) address specific areas of market governance in individual chapters: Joseph P. Newhouse on the medical marketplace, Jose Gomez-Ibañez and John R. Meyer on transportation, William Hogan on electric power, Paul E. Peterson on K–12 education, L. Jean Camp on information networks, Akash Deep and Guido Schaefer (Vienna University of Economics & Business Administration) on federal deposit insurance, Frederick Schauer on "the marketplace of ideas," Anna Greenberg on the "marketization" of politics, David M. Hart on the politics of high-tech industry, Viktor Mayer-Schönberger on information law, John D. Donahue and Richard J. Zeckhauser on the challenges posed by fast-changing markets, and Mark Moore on the spread of market ideology.

Product Details

ISBN-13:
9780815702016
Publisher:
Brookings Institution Press
Publication date:
12/28/2001
Edition description:
New Edition
Pages:
320
Product dimensions:
6.00(w) x 9.00(h) x (d)

Table of Contents

1Market Ascendancy and the Challenge of Governance1
Part 1Bigger, Better Markets--Cases in Point
2Lessons from the Medical Marketplace35
3Government and Markets in Transport: The U.S. Experience with Deregulation56
4Making Markets in Electric Power93
Part 2Experiments and Puzzles
5Choice and Competition in K--12 Education113
6The Shape of the Network138
7Deposit Insurance: An Outmoded Lifeboat in Today's Sea of Liquidity167
8The Market for Truth200
9The Marketization of American Politics?212
Part 3Governing Well When Markets Rule
10New Economy, Old Politics: High-Technology Industry and the Influence Game235
11Information Law amid Bigger, Better Markets266
12Government's Role When Markets Rule282
13The Market versus the Forum306
Contributors341
Index343

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