States and Markets: A Primer in Political Economy

About this book

The purpose of this text is to introduce concepts for studying relationships between states and markets. The economy and the state are thus analyzed as networks of relationships between principals and agents, each occupying a particular position in the institutional structure. The book then analyzes systematically the effect of the organization of the state on the functioning of the economy. It isolates the conditions that trigger government's positive or negative responses to the economy.