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

Joseph Cordes (), Arjo Klamer and Thomas Leonard
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Arjo Klamer: George Washington University

Eastern Economic Journal, 1993, vol. 19, issue 4, 459-479

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.

Keywords: Economics; Economists; Taxation (search for similar items in EconPapers)
JEL-codes: A11 H25 (search for similar items in EconPapers)
Date: 1993
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eej:eeconj:v:19:y:1993:i:4:p:459-479

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