The History of American Political Economy

The History of American Political Economy

Introduction

Markets want the government to maintain order, enforce contracts and provide other public goods.Also, it is the responsibility of the government to facilitate a protective political order and requires the state to provide positive environment.In the U.S economy, government has stayed deeply concerned since the beginning through providing a commercial code, legal framework and provides social services. However, a conflict between the Capitalism and democracy depended heavily on the political struggles between the two. The business is successful if it limits the ability of the government to influence behavior of ...