Social policy and soft power: How institutions can boost a nation’s international status
Joseph S. Nye of Harvard University popularized the concept of “soft power” when addressing the growing importance of China in the Asian community. More traditional modes of power, e.g. economic … Continue reading
June 7, 2012 · Leave a comment
What “New Institutional Economics” might have to say about Social Policy
New Institutional Economics came about near the beginning of the twentieth century with Ronald Coase’s 1937 study “The Nature of the Firm”. Coase contradicted the prevailing wisdom by asserting that … Continue reading
April 24, 2012 · Leave a comment