Science:Social Sciences
Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century by Mark Blyth
(Cambridge University Press, 2002)
How economic ideas were used to restrict markets in the first half of the 20th century, in order to embed them in social institutions and state structures. The New Deal era in the USA, and the construction of the Social Democratic welfare states in Sweden and elsewhere in Europe. How markets were then in turn disembedded from social and state constraints in both places, based on economic ideas, as well as generous financing for pro market economists, think tanks and media.
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