IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Economic calculation and democracy

Listed author(s):
  • Yves CROZET


Registered author(s):

    Economic calculation, and especially cost benefit analysis (Coba), is more and more criticised and accused to be technocratic and partial, leading to a narrow view of projects. An example of this loss of credibility is the New Approach To Appraisal (NATA), implemented in Great Britain at the end of the 90': a multicriteria analysis where Coba gives only one information among many others, quantitative and qualitative. Nevertheless we don't think that we are facing an unavoidable decline of economic calculation. This paper emphasises the important role that Coba can keep within the public decision process. If we remember Keyne's and Schumpeter's points of view about the roles of forecasting and prices, economic calculation could be useful to help the emergence of collective choices, even in the controversial field of transport infrastructures.

    If 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.

    File URL:
    Download Restriction: no

    Article provided by L'Harmattan in its journal Cahiers d'économie Politique.

    Volume (Year): (2004)
    Issue (Month): 47 ()
    Pages: 155-172

    in new window

    Handle: RePEc:cpo:journl:y:2004:i:47:p:155-172
    Contact details of provider: Web page:

    Order Information: Postal: 142 rue du faubourg Saint-Martin. 75010 Paris, France.

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:cpo:journl:y:2004:i:47:p:155-172. See general 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: (Carlos Andrés Vasco Correa)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.