States and Markets

Know about the book -

States and Markets is written by Adam Przeworski and published by Cambridge University Press. It's available with International Standard Book Number or ISBN identification 0521535247 (ISBN 10) and 9780521535243 (ISBN 13).

The purpose of this book is to introduce the reader to the concepts and tools for studying relations between states and markets. The focus is methodological. Both the economy and the state are analyzed as networks of relations between principals and agents, occupying particular places in the institutional structure.Having introduced the principal-agent framework, the book analyzes systematically the effect of the organization of the state on the functioning of the economy. The central question is under what conditions government will do what they should be doing and not do what they should not.