Welcome to VerticalNews!
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Studies from Roanoke College describe new findings in economic issues
July 17th, 2009
According to recent research published in the Journal of Economic Issues, "This paper argues that Gunnar Myrdal's theory of the state fruitfully elucidates which set of factors contributed to the transformation of the Welfare State into what James K. Galbraith has described as the modern Predator State."
"Myrdal employs the circular cumulative causation hypothesis (Berger forthcoming; 2008; Berger and Elsner 2007) to explain the evolution of the state as the result Of multiple interrelated factors," wrote S. Berger and colleagues, Roanoke College.
The researchers concluded: "Myrdal's evolutionary-institutional analysis of the state is found to be...
Click here for more articles from Economic Issues
Source: Economics Week (2009-07-17)