
Free Thoughts
Politics As a Peculiar Business: Insights from a Theory of Entangled Political Economy
Sep 30, 2016
50:46
Is an economy like a machine or a tropical rainforest? Is it more like a mechanical device that can be maintained by an exogenous force (government), or is it more like a diverse ecology, one that includes government actors?
Richard Wagner joins us this week to discuss his new book, Politics As a Peculiar Business: Insights from a Theory of Entangled Political Economy (2016).
Wagner concludes that modern governments function much the way a business enterprise does, albeit a strange one. He also theorizes about what happens when government becomes entangled in the same incentive structures it claims regulatory power over.
Richard Wagner joins us this week to discuss his new book, Politics As a Peculiar Business: Insights from a Theory of Entangled Political Economy (2016).
Wagner concludes that modern governments function much the way a business enterprise does, albeit a strange one. He also theorizes about what happens when government becomes entangled in the same incentive structures it claims regulatory power over.
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