Economics, Economists, and Economic Policy: Modern American Experiences
AbstractMuch of federal government policy-making and -implementing is economic in matter and repercussion. But most policy decisions are made ultimately by non-economists. There are many economists in government, some of them seasoned government careerists and some on leave from universities. But what is their actual role? What do economists in seemingly significant positions in government do and how do they do it? Under what circumstances and subject to what constraints do they work? How useful is the economistâ€™s training? How sophisticated, how formal, is the analysis upon which they frame their thinking on the issues they deal with? How great is their impact in policy determination? How might the role of economists be better performed? This survey and evaluation is based on candid interviews, from 1972 to 1976, of some sixty well-placed economists who were, or had been, in government. If there is a moral to the story, it may be that the policy process is and inevitably will be far coarser and more compromised in its adherence to sound elemental economics than innocent souls would ever imagine.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Econ Journal Watch in its journal Econ Journal Watch.
Volume (Year): 7 (2010)
Issue (Month): 3 (September)
policy-making; government economists; role of economists;
Find related papers by JEL classification:
- A1 - General Economics and Teaching - - General Economics
- A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
- A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jason Briggeman) The email address of this maintainer does not seem to be valid anymore. Please ask Jason Briggeman to update the entry or send us the correct address.
If references are entirely missing, you can add them using this form.