The American Council of Economic Advisers and the German Sachverstaendigenrat: A Study in the Economics of Advice

Henry C. Wallich

The Quarterly Journal of Economics, 1968, vol. 82, issue 3, 349-379

Abstract: Introduction, 349. — Objectivity or maximization? 351. — Goals and their sources, 353. — Goals and instruments, 357. — Sources of influence, 365. — Maximizing effectiveness of advice, 369. — Analytical approaches, 375.

Date: 1968
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