Section 2: Reading material

Core reading:

Charles Bean et al., "Monetary policy after the fall", paper presented at the Federal Reserve Bank of Kansas City Annual Conference, Jackson Hole, Wyoming, 28 August 2010.

House of Commons Library, Privatisation, Research Paper 14/61, 20 November 2014 (p 1-14).

Nigel Lawson, "Economic Policy: The British Experiement", (The Mais Lecture), June 18, 1984.

Frédéric Marty, "La privatisation des services publics : fondements et enjeux", Regards croisés sur l'économie, 2007/2 (n°2), page 269.

James P. Pfiffner, "Traditional Public Administration versus The New Public Management: Accountability versus Efficiency", published in Institutionenbildung in Regierung und Verwaltung: Festschrift fur Klaus Konig, A. Benz, H. Siedentopf, and K.P. Sommermann, eds.(Berlin,Germany: Duncker & Humbolt, 2004), pp. 443 - 454.

Sam Tanenhaus, "The Architect of the Radical Right: How the Nobel Prize-winning economist James M. Buchanan shaped today's antigovernment politics", The Atlantic, July/August 2017 issue.

A good general overview of Public Choice Theory is provided Eamonn Butler, Public Choice - A Primer, Institute of Economic Affairs (IEA), 2012.  The IEA was one of Britain's leading think-tanks in policy debate which took place during the 1970s and that nutured the subsequent policies of the Thatcher and Major governments (1979-1997). It was set up in 1955 by the businessman Antony Fisher at the suggestion of Friedrich v. Hayek. During the 1970s, the IEA acted as an outlet for work by Milton Friedman, Hayek and other liberal thinkers.


Other references mentioned in class:

Rober Boyer, Economie politique des capitalismes : théorie de la régulation et des crises, Paris, La Découverte (coll. Manuels), 2015.

David Cameron, "The expansion of the public economy: a comparative analysis",  The American political science review, volume 72, No 4, December 1978, pp 1243-1261.

David Osborne and Ted Gaebler, Reinventing Government: How the Entrepreneurial Spirit is Transforming the Public Sector, 1992.

Adam Curtis's 3 part documentary (2007): The Trap. Part 1; Part 2 and Part 3.




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