William Keech is Research Professor of Political Economy in the Department of Political Science at Duke University. He is emeritus professor of political economy at Carnegie Mellon University and adjunct professor at the Qatar campus of Carnegie Mellon. From 1965 through 1996 he was on the political science faculty at the University of North Carolina at Chapel Hill. He has been working at the intersection of political science and economics since the late 1970s. A leading example of his interests is Economic Politics: The Costs of Democracy (Cambridge University Press, 1995). This book argues that opportunistic incentives of democratic politics are not systematically at odds with good economic performance in the United States. Recent developments make him more pessimistic, and he is planning a second edition that will emphasize the risks of fiscal irresponsibility. Canada provides a contrast of a democratic country that is not fiscally irresponsible, as is argued in a chapter (co-authored with William Scarth of McMaster University) that compares the contemporary economic policies of the US and Canada. This will appear in Experiment in Democracy: Institutions and Policymaking in the United States and Canada, edited by Paul J. Quirk, Mark Warren, and Colin Campbell. For some time, Keech has been working on a book project entitled Economic Politics in Latin America: Rethinking Democracy and Authoritarianism. This manuscript argues that there is no simple, systematic relationship between regime type and economic performance. He teaches The Political Economy of Growth, Stabilization and Distribution, which is cross listed in political science and economics.
- Ph.D., University of Wisconsin at Madison 1966
- M.A., University of Wisconsin at Madison 1962
- B.A., Bucknell University 1961
Keech, WR. Economic politics in the United States: The costs and risks of democracy, second edition. January 1, 2013. Full Text
Keech, WR. Economic Politics in the United States: The Costs and Risks of Democracy. Cambridge University Press, 2013.
Keech, WR, and Munger, MC. "Erratum to: The anatomy of government failure(Public Choice, (2015), DOI 10.1007/s11127-015-0262-y)." Public Choice 164.1-2 (June 10, 2015): 43-44. Full Text
Keech, WR, and Dillon, N. "How China Became Capitalist, by Ronald Coase and Ning Wang." Public Choice 158 (2014): 289-291. (Academic Article)
Keech, WR. "Good Capitalism, Bad Capitalism and the Economics of Growth and Prosperity, by Baumol et al." EHNet (2009). (Academic Article)
Keech, WR, and Morris, IL. "Appointments, Presidential Power, and the Federal Reserve." Journal of Macroeconomics 19.2 (April 1997): 253-267. Full Text
Keech, WR, and Pak, K. "Partisanship, Institutions, and Change in American Trade Politics." The Journal of Politics 57.4 (November 1995): 1130-1142. Full Text
KEECH, WILLIAMR. "Rules, Discretion, and Accountability in Macroeconomic Policymaking." Governance 5.3 (July 1992): 259-278. Full Text
Keech, WR, and Pak, K. "Electoral Cycles and Budgetary Growth in Veterans' Benefit Programs." American Journal of Political Science 33.4 (November 1989): 901-901. Full Text