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Mainstream Economic Rhetoric, Ideology and Institutions

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  • Rojhat Avsar

Abstract

The purpose of this essay is to provide an alternative approach to studying the rhetoric of policy-oriented economics suggesting that the range of economic-policy possibilities is conditioned by the rhetoric of economics. To this end, Martin Feldstein's pro-privatization rhetoric will be compared to that of President Bush. In doing so, we will aim at showing that just as the political rhetoric of Social Security invokes the authority of "ideographs" such as personal ownership to draw on a society's ideological and cultural repertoire, economic rhetoric undertakes a similar task by employing "economic ideographs" like deadweight loss to resonate with fellow economists through an appeal to the implicit normative premises embedded in the language of economics.

Suggested Citation

  • Rojhat Avsar, 2011. "Mainstream Economic Rhetoric, Ideology and Institutions," Journal of Economic Issues, Taylor & Francis Journals, vol. 45(1), pages 137-158.
  • Handle: RePEc:mes:jeciss:v:45:y:2011:i:1:p:137-158
    DOI: 10.2753/JEI0021-3624450108
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    Cited by:

    1. Karl Beyer & Stephan Puehringer, 2019. "Divided we stand? Professional consensus and political conflict in academic economics," ICAE Working Papers 94, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    2. Stephan Puehringer, 2021. "Zur Pluralitaet der oekonomischen Politikberatung in Deutschland," ICAE Working Papers 132, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.

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