Informing Public Policy

Analyzing Contemporary US and International Policy Issues through the Lens of Market Process Economics

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Conditions, Business & Finance, Economics, Economic History
Cover of the book Informing Public Policy by , Rowman & Littlefield International
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781786609878
Publisher: Rowman & Littlefield International Publication: April 25, 2019
Imprint: Rowman & Littlefield International Language: English
Author:
ISBN: 9781786609878
Publisher: Rowman & Littlefield International
Publication: April 25, 2019
Imprint: Rowman & Littlefield International
Language: English

Market process theory illustrates how the market is the most effective institution for overcoming the knowledge problem. Specifically, the institutional characteristics of private property, monetary prices, and the disciplining mechanisms of profit and loss, guide actors to utilize knowledge dispersed among society, to allocate resources effectively, and to adjust their behavior when errors occur to provide valuable goods and services to society.

The chapters in this manuscript explore, through applications to issues within the United States and internationally, contemporary issues in public policy through the theoretical framework of knowledge problems and market process economics. Utilizing this approach, as well as other fundamental insights from economics, these chapters aim to illustrate how individuals in society address pressing public issues, the problems faced by policymakers, and the potential for novel solutions to policy challenges. Authored by individuals from a variety of disciplines with interests in public policy, this work includes discussions of education, child welfare, urban planning, and U.S. healthcare policy, as well as topics in e-commerce, the Global War on Terror, international trade, and economic development.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Market process theory illustrates how the market is the most effective institution for overcoming the knowledge problem. Specifically, the institutional characteristics of private property, monetary prices, and the disciplining mechanisms of profit and loss, guide actors to utilize knowledge dispersed among society, to allocate resources effectively, and to adjust their behavior when errors occur to provide valuable goods and services to society.

The chapters in this manuscript explore, through applications to issues within the United States and internationally, contemporary issues in public policy through the theoretical framework of knowledge problems and market process economics. Utilizing this approach, as well as other fundamental insights from economics, these chapters aim to illustrate how individuals in society address pressing public issues, the problems faced by policymakers, and the potential for novel solutions to policy challenges. Authored by individuals from a variety of disciplines with interests in public policy, this work includes discussions of education, child welfare, urban planning, and U.S. healthcare policy, as well as topics in e-commerce, the Global War on Terror, international trade, and economic development.

More books from Rowman & Littlefield International

Cover of the book Visual Arts Practice and Affect by
Cover of the book Critical Theories of Crisis in Europe by
Cover of the book Conditional Democracy by
Cover of the book Activism and Digital Culture in Australia by
Cover of the book Recursivity and Contingency by
Cover of the book Making Sense of Heidegger by
Cover of the book Theorizing Justice by
Cover of the book Emotional Experiences by
Cover of the book Homelandings by
Cover of the book Privacy, Security and Accountability by
Cover of the book The Reinvention of Social Practices by
Cover of the book The Irregularization of Migration in Contemporary Europe by
Cover of the book The Kuhnian Image of Science by
Cover of the book Critical Perspectives on Human Rights by
Cover of the book Soundtracking Germany by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy