| Informing Public Policy: Analyzing Contemporary Us and International Policy Issues Through the Lens of Market Process Economics Contributor(s): Haeffele, Stefanie (Editor), Hall, Abigail R. (Editor), Millsap, Adam (Editor) |
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ISBN: 1786609851 ISBN-13: 9781786609854 Publisher: Rowman & Littlefield Publishers OUR PRICE: $144.54 Product Type: Hardcover - Other Formats Published: April 2019 |
| Additional Information |
| BISAC Categories: - Political Science | Political Economy - Business & Economics | Economic History - Political Science | Public Policy - Social Services & Welfare |
| Dewey: 361.25 |
| LCCN: 2018057209 |
| Series: Economy, Polity, and Society |
| Physical Information: 0.56" H x 6" W x 9" (1.09 lbs) 240 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |
Contributor Bio(s): Millsap, Adam: - Adam Millsap is the Assistant Director of the L. Charles Hilton Jr. Center for the Study of Economic Prosperity and Individual Opportunity at Florida State University. He earned his MA and PhD from Clemson University. He received a BS in economics and a BA in comparative religion from Miami University. His research interests include urban development, population trends, labor markets, and state and local public policy.Hall, Abigail R.: - Abigail Hall is Assistant Professor in Economics at the University of Tampa in Florida and a Research Fellow with the Independent Institute, a non-partisan research and educational think tank based in Oakland, California. She is an affiliated scholar with the Foundation for Economic Education. Hall earned her PhD in economics from George Mason University in Fairfax, Virginia, in 2015. Her broader research interests include Austrian economics, political economy and public choice, defence and peace economics, and institutions and economic development. Her work includes topics surrounding the US military and national defence, including domestic police militarisation, arm sales, weapons as foreign aid, the cost of military mobilisation and the political economy of military technology. She is currently researching how foreign intervention adversely impacts domestic political, social and other institutions as well as pursuing additional research on policing in the US.Haeffele, Stefanie: - Stefanie Haeffele is the Deputy Director of Academic and Student Programs and a senior fellow for the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. She is the co-author of Community Revival in the Wake of Disaster: Lessons in Local Entrepreneurship with Virgil Henry Storr and Laura E. Grube (2015, Palgrave). |
