The attempt to reduce the role of the state in the market through tax cuts, decreases in social spending, deregulation, and privatization—""neoliberalism""—took root in the United States under Ronald Reagan and in Britain under Margaret Thatcher. But why did neoliberal policies gain such...

Introduction -- Methodological perspective -- Market power: antitrust policy and economic regulation -- Social regulation: imperfect information and externalities -- Public production -- Policies to correct market failures: synthesis and assessment -- Market failure and social goals policies:...