Academic Rhetoric in the Policy Arena: The Case of Capital Gains Taxation

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Academic Rhetoric in the Policy Arena: The Case of Capital Gains Taxation

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Joseph J. Cordes (George Washington University)
Arjo Klamer (George Washington University)
Thomas C. Leonard (George Washington University)

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Thomas C. Leonard

Abstract

We investigate possible explanations for the rhetorical gap that divides producers and influential consumers of economic knowledge, academic economists and policymakers, respectively. We argue that economics lacks a developed theory of how academic research influences political decision making. This theoretical lacuna and the nature of the rhetorical gap have consequences for the effectiveness of academic ideas. We sketch three models, and argue for a process analysis as superior to conventional accounts. The debate on taxation of capital gains is our case study.

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Article provided by Eastern Economic Association in its journal Eastern Economic Journal.

Volume (Year): 19 (1993)
Issue (Month): 4 (Fall)
Pages: 459-479
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Handle: RePEc:eej:eeconj:v:19:y:1993:i:4:p:459-479

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Find related papers by JEL classification:
A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

Cited by:
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Wilfred Dolfsma, 2001. "Economists as subjects: Toward a psychology of economists," Forum for Social Economics, Springer, vol. 30(2), pages 77-88, March. [Downloadable!] (restricted)
Carter, Colin A., 1995. "Understanding The Canada/United States Grains Dispute: Factors And Impacts," Understanding Canada\United States Grain Disputes; Proceedings of the 1st Canada\U.S. Agricultural and Food Policy Systems Information Workshop - 1995 16745, Farm Foundation, Agricultural and Food Policy Systems Information Workshops. [Downloadable!]
Bruno Frey, 2006. "How Influential is Economics?," De Economist, Springer, vol. 154(2), pages 295-311, June. [Downloadable!] (restricted)

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