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Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century
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In this paper, Blyth analyzes the two periods of deep seated institutional change that characterized the twentieth century: the 1930s and the 1970s, and demonstrates the critical role economic ideas played in making institutional change possible.Abstract:
This book picks up where Karl Polanyi's study of economic and political change left off. Building upon Polanyi's conception of the double movement, Blyth analyzes the two periods of deep seated institutional change that characterized the twentieth century: the 1930s and the 1970s. Blyth views both sets of changes as part of the same dynamic. In the 1930s labor reacted against the exigencies of the market and demanded state action to mitigate the market's effects by 'embedding liberalism.' In the 1970s, those who benefited least from such 'embedding' institutions, namely business, reacted against these constraints and sought to overturn that institutional order. Blyth demonstrates the critical role economic ideas played in making institutional change possible. Great Transformations rethinks the relationship between uncertainty, ideas, and interests, achieving profound new insights on how, and under what conditions, institutional change takes place.read more
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Discursive Institutionalism: The Explanatory Power of Ideas and Discourse
TL;DR: The discursive institutionalism of as discussed by the authors is a more dynamic approach to institutional change than the older three new institutionalisms, which can be categorized into two types, cognitive and normative, and it comes in two forms: coordinative discourse among policy actors and communicative discourse between political actors and the public.
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Economics Language and Assumptions: How Theories can Become Self-Fulfilling
TL;DR: In this article, the authors illustrate how the language and assumptions of economics shape management practices: theories can “win” in the marketplace for ideas, independent of their empirical validity, to the extent their assumptions and language become taken for granted and normatively valued.
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Transfer agents and global networks in the 'transnationalization' of policy
TL;DR: In this article, the role of international actors in policy/knowledge transfer processes is discussed, and a dynamic for the transnationalization of policy results is suggested, where non-state actors play a more prominent role.
Journal ArticleDOI
Geography and public policy: constructions of neoliberalism:
TL;DR: In 2003, the US-appointed head of the Coalition Provisional Authority, L. Paul Bremer, announced that the new tax regime would be 'admirably straightforward'; it would be based on a 15% maximum rate for both corporate and individual taxation as discussed by the authors.
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From Poverty to Perversity: Ideas, Markets, and Institutions over 200 Years of Welfare Debate:
Margaret R. Somers,Fred Block +1 more
TL;DR: The authors compare the U.S. 1996 Personal Responsibility and Work Opportunities Reconciliation Act and the English 1834 New Poor Law, two episodes in which existing welfare regimes were overturned by market-driven ones.
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