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Reasserting Institutionalist Insights on the Good Society: 30 Years After Petr’s Call for a Mixed Economy

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  • Barbara E. Hopkins

Abstract

In this research note, I revisit the issues raised by Jerry Petr (1987) in “The Nature and Necessity of the Mixed Economy.” The institutionalist mixed economy is still a sound model for the good society. However, Western industrialized countries have been losing ground on the goals of the mixed economy. The struggle to defend pragmatism over ideological attachment to neoliberalism, has evolved into a distributional struggle that cannot be resolved without institutional change.

Suggested Citation

  • Barbara E. Hopkins, 2018. "Reasserting Institutionalist Insights on the Good Society: 30 Years After Petr’s Call for a Mixed Economy," Journal of Economic Issues, Taylor & Francis Journals, vol. 52(3), pages 860-868, July.
    • Handle: RePEc:mes:jeciss:v:52:y:2018:i:3:p:860-868
    DOI: 10.1080/00213624.2018.1489525
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