• Summary
  • Contents
  • Subject index

In the wake of worldwide economic turmoil and efforts toward recovery, understanding the interdependence of government and business is more important than ever. In this thoroughly updated edition, Lehne takes a comparative approach, evaluating the U.S. political economy with respect to those of Great Britain, Germany, Japan, and the EU. The book provides detailed historical context for, and a conceptual understanding of, the business-government environment, and then clarifies the roles of the major actors and outlines the regulatory and policy frameworks. Along the way, Lehne probes some of the most crucial dilemmas facing government and business today. Updates to this edition include: • expanded coverage of ethics as it relates to government and business; • greater attention to China in particular in the feature boxes ...

The Stakes in Government Systems
The stakes in government systems

On the walls of the historic city council chamber in Siena, Italy, are magnificent frescoes by the fourteenth-century painter Ambrogio Lorenzetti entitled Consequences of Good and Bad Government.1 When bad policy decisions are made, according to the frescoes, death and destruction are everywhere in the city. With a horned tyrant in command, soldiers massacre the residents, and children are murdered as they play. Citizens suffer from epidemics and famines, nothing grows in the fields, and little productive activity occurs. When government makes good policy decisions, peace, justice, wisdom, and harmony triumph. The buildings in these frescoes are spotless and appealing, roads are well-maintained, and vineyards, fields, and small lakes dot the landscape. With good policy ...

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