A world-renowned economist tackles tough questions and contends that governments can play an essential role in the development of markets. His exploration of "m

A leading political economist advances a new theory to explain the postwar shifts in the relative economic fortunes and positions of various nations and regions

A Brookings Institution Press and Carnegie Endowment for International Peace publication Many of the countries that have recently converted to a market-based ec

Problems associated with cronyism, corporatism, and policies that favor the elite over the masses have received increasing attention in recent years. Political

Conventional theories of capitalism are mired in a deep crisis: after centuries of debate, they are still unable to tell us what capital is. Liberals and Marxis