{"product_id":"9781139063142","title":"Governing for the Long Term: Democracy and the Politics of Investment","description":"In Governing for the Long Term, Alan M. Jacobs investigates the conditions under which elected governments invest in long-term social benefits at short-term social cost. Jacobs contends that, along the path to adoption, investment-oriented policies must surmount three distinct hurdles to future-oriented state action: a problem of electoral risk, rooted in the scarcity of voter attention; a problem of prediction, deriving from the complexity of long-term policy effects; and a problem of institutional capacity, arising from interest groups' preferences for distributive gains over intertemporal bargains. Testing this argument through a four-country historical analysis of pension policymaking, the book illuminates crucial differences between the causal logics of distributive and intertemporal politics and makes a case for bringing trade-offs over time to the center of the study of policymaking.","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":47121901879536,"sku":"9781139063142","price":24.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781139063142_p0.jpg?v=1763700550","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781139063142","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}