Much recent theoretical attention has been devoted to the provision of common goods across arenas. The normal problems of common good provision (Olson 1968; Hardin 1982) are exacerbated when these problems spill across arenas (there are usually no actors capable of imposing hierarchical solutions), but there are also new difficulties. Solutions in one particular arena ...

While an economy is always ‘embedded’ in society, the relationship between the two is undergoing profound changes in Europe, resulting in widespread instability which is emphasised by the current crisis. This book analyses these changes, and in particular pressures of intensifying international competition, globalization and financialization within Europe. Henry Farrell, “Social Institutions among Economists in ...