The accelerated introduction of information and communications technology into the economy has created numerous … challenges for policymakers. This paper describes this New Economy and then proceeds to examine difficulties created for … policymakers. The increased flexibility of the new economy argues against trying to use fiscal policy for stabilization and creates …

While much research in political economy points out the benefits of "limited government," political scientists have … regulate the economy and to withstand the political and social challenges from non-state actors. I construct a model in which …