Adam Smith's Islands: New Zealand's Incomparable Restructuring, 1980-1995

Many developed countries restructured relations between state and economy from the late 1970s into the 1990s. Among them, New Zealand went far, fast, and left a clear trail, making it possible to study economic restructuring as it occurred, with all the debates, uncertainty, surprises, mistakes, and accomplishments this entailed. Adam Smith’s Islands reveals the inside life of a government determined to revolutionize its nation’s politics and economy.

While the 1980s economic restructuring o...