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

Author

Listed:
  • Joseph J. Cordes

    (George Washington University)

  • Arjo Klamer

    (George Washington University)

  • Thomas C. Leonard

    (George Washington University)

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.

Suggested Citation

  • Joseph J. Cordes & Arjo Klamer & Thomas C. Leonard, 1993. "Academic Rhetoric in the Policy Arena: The Case of Capital Gains Taxation," Eastern Economic Journal, Eastern Economic Association, vol. 19(4), pages 459-479, Fall.
    • Handle: RePEc:eej:eeconj:v:19:y:1993:i:4:p:459-479
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    File URL: http://web.holycross.edu/RePEc/eej/Archive/Volume19/V19N4P459_479.pdf
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    Citations

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    Cited by:

    1. Wilfred Dolfsma, 2001. "Economists as subjects: Toward a psychology of economists," Forum for Social Economics, Springer;The Association for Social Economics, vol. 30(2), pages 77-88, March.
    2. Young, Joni J., 2003. "Constructing, persuading and silencing: the rhetoric of accounting standards," Accounting, Organizations and Society, Elsevier, vol. 28(6), pages 621-638, August.
    3. Bruno S. Frey, 2000. "Was Bewirkt die Volkswirtschaftslehre?," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(1), pages 5-33, February.
    4. Carter, Colin A., 1995. "Understanding The Canada/United States Grains Dispute: Factors And Impacts," Proceedings of the 1st Agricultural and Food Policy Systems Information Workshop, 1995: Understanding Canada\United States Grain Disputes 16745, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
    5. Bruno Frey, 2006. "How Influential is Economics?," De Economist, Springer, vol. 154(2), pages 295-311, June.

    More about this item

    Keywords

    Economics; Economists; Taxation;
    All these keywords.

    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

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