Experts, ideas, and policy change: The Russell Sage Foundation and small loan reform, 1909-1941

Research output: Contribution to journalArticle

Abstract

Between 1909 and 1941, the Russell Sage Foundation (RSF) was actively involved in crafting and lobbying for policy solutions to the pervasive problem of predatory lending. Using a rich assortment of archival records, I build upon political learning theory by demonstrating how institutional conditions and political pressures - in addition to new knowledge gained through scientific study and practical experience - all contributed to the emergence and development of RSF experts' policy ideas over the course of this 30-year period. In light of these findings, I suggest that policy ideas and political interests are mutually constitutive, and that the notion that ideas must be shown to operate independent of interests in order to "prove" that they matter in policymaking is misguided. Furthermore, I discuss the implications of the remarkable success of RSF's policy proposals for current understandings of institutional change. In particular, I argue that the passage of RSF's controversial Uniform Small Loan Law in 34 states suggests that political actors' collective agency can produce significant policy reforms in a context of normal policymaking without the intervention of major destabilizing events.

Original languageEnglish (US)
Pages (from-to)271-310
Number of pages40
JournalTheory and Society
Volume37
Issue number3
DOIs
StatePublished - Jun 1 2008

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loan
expert
assortment
major event
reform
political interest
political actor
political theory
reform policy
learning theory
institutional change
lending
Law
knowledge
experience
Loans
Policy Making

ASJC Scopus subject areas

  • History
  • Sociology and Political Science

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Experts, ideas, and policy change : The Russell Sage Foundation and small loan reform, 1909-1941. / Anderson, Elisabeth.

In: Theory and Society, Vol. 37, No. 3, 01.06.2008, p. 271-310.

Research output: Contribution to journalArticle

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