Cycles of Reform

in The Private Abuse of the Public Interest

Published by University of Chicago Press

Published in print October 2008 | ISBN: 9780226076423
Published online March 2013 | e-ISBN: 9780226076454 | DOI:
Cycles of Reform

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The implementation of new initiatives to foster choice and competition through markets in health care, education, and transportation brought a disconcerting revelation: institutions mediate the translation of market theory into policy practice. The market model had missed something important: consumers, providers, and complex organizations reach decisions and behave in ways that do not always follow the script. The incentives that were expected to accompany competition did not consistently appear on cue. This chapter traces the institutional reception given to market reforms and policy makers' pragmatic retreat.

Keywords: government reform; competition; health care policies; education policies; transportation policies; incentives; market reforms

Chapter.  8932 words. 

Subjects: US Politics

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