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7 - The Political Economies of Red States

from II - Race, Space, and Governance

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

A striking feature of the American political economy is its fragmentation. The constitutionally protected role of the states and the localized quality of many crucial policies foster a political economy that is at once national – the rich world’s most extensive nation-spanning market – and sectional, with states or groups of states constituting distinct political economies that often have enormous scope of their own.

Type
Chapter
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The American Political Economy
Politics, Markets, and Power
, pp. 209 - 244
Publisher: Cambridge University Press
Print publication year: 2021

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