The Ezra Klein show, "Transcript: Ezra Klein Interviews Paul Krugman About Our Covid Economy", New York Times, February 4, 2021.

Core reading:

Nicholas Barr, "The welfare state after the crisis", London School of Economics, April 2020.
Nicholas Barr, "Shifting tides: Dramatic social changes mean that the welfare state is more necessary than ever", Finance & Development, December 2018, Vol 55, No 4.
Nicholas Barr, A summary of Part 1 of his book, The Economics of the Welfare State, on the Worldsupporter website (retrieved 18 February 2022).

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.

James M. Buchanan and Gordon Tullock, The Calculus of Consent: Logical Foundations of Constitutional Democracy, (1st edition) University of Michigan, 1962.

A brief overview postded on the University of Maryland site by Allan Drazen in 2006: Political business cycles.
A more detailed review by Allan Drazen, "The Political Business Cycle after 25 Years", NBER Macroeconomics Annual 2000, Volume 15.
Eric Dubois, "Political Business Cycles 40 Years after Nordhaus",  Public Choice, Springer Verlag, 2016, 166 (1-2), pp.235-259.

Milton Friedman, "The Role of Monetary Policy", American Economic Review 58, March 1968, pp 1-17.

Friedrich v. Hayek's Use of Knowlege (1945)  has been a key text in supporting the idea of markets and the price mechanism in allocating resources.

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.

Adam Tooze, "Has Covid ended the neoliberal era?", The Guardian, 2 September 2021.

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.

Nancy MacLean, Democracy in Chains: The Deep History of the Radical Right's Stealth Plan for America, Penguin Books, 2018, (2017).

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. ; and .




Last modified: Friday, 18 February 2022, 10:42 AM