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Wirtschaftspolitische Beratung: Reminiszenzen und Reflexionen

Wolfgang Franz

Perspektiven der Wirtschaftspolitik, 2000, vol. 1, issue 1, 53-71

Abstract: This paper deals with the complex relationship between academic advice given to policy makers, economics as a science, and economic policy. It is seen from the viewpoint of a university teacher who serves (or did so formerly) as an adviser in the advisory council of the Federal Ministry of Economic Affairs and the Council of Economic Experts. The paper addresses the trade‐off between doing research work and economic advising, as well as the extent to which economics as a science is established sufficiently enough to advise seriously. Moreover, the reputation of economic advisers and the successful influence of economic advising on economic policy makers is discussed.

Date: 2000
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Perspektiven der Wirtschaftspolitik is currently edited by Lars P. Feld, J¸rgen von Hagen, Bernd Rudolph and Achim Wambach

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