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Introduction - The American Political Economy: A Framework and Agenda for Research

Published online by Cambridge University Press:  29 October 2021

Jacob S. Hacker
Affiliation:
Yale University, Connecticut
Alexander Hertel-Fernandez
Affiliation:
Columbia University, New York
Paul Pierson
Affiliation:
University of California, Berkeley
Kathleen Thelen
Affiliation:
Massachusetts Institute of Technology
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Summary

The COVID-19 pandemic that struck the United States in early 2020 amplified already-stark economic and political divisions and revealed a nation unprepared to launch an immediate public health and economic response. Whether it was the fragmentation of the American federal system, the glaring racial and class disparities in economic and health outcomes, or the weaknesses of America’s tattered safety net, the crisis brought America’s distinctive mix of multi-venue governance, limited social protections, weak labor power, and loosely regulated markets prominently – and often tragically – into display.

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The American Political Economy
Politics, Markets, and Power
, pp. 1 - 48
Publisher: Cambridge University Press
Print publication year: 2021

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