From the Book - First edition.
Historical developments and the growing economic role of the state
Government role and public spending: historical background
Hayek, Keynes, and the economic role of the state
From the Keynesian to the supply-side revolution
Why the normative and positive roles of governments differ
The political economy of fiscal deficit reductions
The theory versus the reality of fiscal policy
On the growth of complexity in policy
Systemic failure, complexity, and public policies
The design of social policy and welfare systems
Complexity, corruption, and tax evasion
The elusive harmony between government and market roles
Issues with the current uneven income distributions
Complexity in stabilization policies