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The Rise of Neoliberalism and Institutional Analysis by John L. Campbell, Ove K. Pedersen (Hardcover, 2001)

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Though these schools cut across disciplines, they have remained isolated from and critical of each other. Neoliberalism appears as much more complex, diverse, and contested than is often appreciated.

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The last quarter century has been marked by the ascension of neoliberalism - market deregulation, state decentralization, and reduced political intervention in national economies. Not coincidentally, this period of dramatic institutional change has also seen the emergence of several schools of institutional analysis. Though these schools cut across disciplines, they have remained isolated from and critical of each other. This volume brings together four - rational choice, organizational, historical, and discursive institutionalism - to examine the rise of neoliberalism. The book comprises original empirical studies by scholars from each school of analysis. They examine neoliberalism's rise on three continents and explore changes in macroeconomic policy, labor markets, taxation, banking, and health care. Neoliberalism appears as much more complex, diverse, and contested than is often appreciated. The authors find that there is no convergence toward a common set of neoliberal institutions; that neoliberalism does not incapacitate states; and that neoliberal reform does not necessarily yield greater efficiency than other institutional arrangements.