A Reflection On Policy, And Market Interactions With Democracy

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RUNNING HEAD: Reflection #2 A Reflection on Policy Stakeholders, Measurement of Policy Efficacy, and Market Interactions with Democracy Chris Surfus Western Michigan University School of Public Affairs and Administration PADM-6650 Public Policy: Theory and Research Professor Dr. Udaya Waglé
 February 3, 2015 A Reflection on Policy Stakeholders, Measurement of Policy Efficacy, and Market Interactions with Democracy The authors define the roles and relationships of policy stakeholders, provide for the measurement of policy efficacy, and how the market interacts with a democratic society. Deborah Stone (2011) focuses on the structure of society, whether city government, nonprofit organizations,…show more content…
Polices of inclusion simply state that the government will not tolerate discrimination through providing a means for punishing discrimination, but these policies do little to change human behavior. Lindblom (1995) discusses the role and relationships of markets and democracy. Meier (1982) discusses the introduction, implementation, and practicality of using cost-benefit analyses in policy planning, evaluation, and reform. Galbraith (1958) focuses on ideas that are acceptable, stable, and predictable, and he refers to this idea as “conventional wisdom” (p. 18). The key points made by the authors provide a measurement of policy efficacy, while understanding how the various stakeholders and market fluctuations affect policy. Furthermore, it provides accountability to the taxpayer in that government officials can show how a particular policy outweighs the costs of implementation and control. It is interesting to note that every couple decades, healthcare reform is necessary to balance the interactions with the economy. Inclusion can be expressed through a cost-benefit analysis, but the most effective way to measure it is through qualitative analysis (i.e., outcomes, quality of life, etc.). The social and economic structure of our society is constantly changing due to the policy interactions on the
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