In this paper I aim to try defining New Political Economy (NEP) as the economic study of politics, with a macroeconomic focus. It emerged from the influences mainly from the criticism of theory of economic policy, political business cycle research, public choice theory and new institutional...

Machine generated contents note: 1. An Essay on Government and Governance 1 -- 2. The Political-Economic Logic of World Governance 39 -- 3. The Rule of Law and the Capture and Use of Government in a World of Inequality 61 -- 4. Hayek from the Perspective of an Institutionalist Historian of...