Public policy for business and the economy: idelogical dissensus, change and consensus.
By: Grafton, Carl.
Contributor(s): Permaloff, Anne.
Material type:
ArticlePublisher: 2001Description: p.403-34.Subject(s): Public policy | Economic policy
In:
Policy SciencesSummary: A substantial literature shows that ideology, often describable on a conservative-liberal spectrum, is a significant independent variable influencing the formulation of public policy. The 1960s - 1990s are frequently depicted as decades of ideological tumult. However, analysis of the editorials of major publications shows that substaintial agreement existed on public policy directinos for business and the economy throughout most of these years. Furthermore, in some policy areas initial dissensus was followed by significant movement toward consensus. A theory presented here based on the concepts of successful market operation, market misbehavior, and market break-down explains in large part the reasons for this long term policy consensus as well as movement from dissensus to consensus. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 34, Issue no: 3-4 | Available | AR51439 |
A substantial literature shows that ideology, often describable on a conservative-liberal spectrum, is a significant independent variable influencing the formulation of public policy. The 1960s - 1990s are frequently depicted as decades of ideological tumult. However, analysis of the editorials of major publications shows that substaintial agreement existed on public policy directinos for business and the economy throughout most of these years. Furthermore, in some policy areas initial dissensus was followed by significant movement toward consensus. A theory presented here based on the concepts of successful market operation, market misbehavior, and market break-down explains in large part the reasons for this long term policy consensus as well as movement from dissensus to consensus. - Reproduced.
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