Institutions, Policy & Politics

    Institutions matter. Viewing economic outcomes as divorced from politics risks serious misunderstanding and virtually ensures regulatory failure. Political Economy is long overdue for a revival. Through funding original research and theory, we're helping create it.

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    What Kind of Theory to Guide Reform and Restructuring of the Financial and Non-Financial Sectors?

    The purpose of the paper is to argue for attention to be paid, not only to choice of theory, but also to choice of theoretical approach, in order to address issues posed by the crisis. Read more