Will the Twain Ever Meet? Bridging the Gap Between Economics and Politics

Alan Blinder

The ANNALS of the American Academy of Political and Social Science, 2024, vol. 711, issue 1, 245-263

Abstract: There is a huge and harmful gap between two civilizations: economists and politicos. This article explores some of the reasons behind that gap and offers suggestions for how we might shrink it. Doing so will necessarily require more change from economists than from politicos, because politicians are normally the decision-makers while economists are just advisers. Hence, I suggest more places where economists should change their ways. The ideas set forth here are an expansion of those I set out in the 2023 Daniel Patrick Moynihan Lecture on Social Science and Public Policy.

Keywords: economic policy; economic advice; politics; fairness; efficiency; time horizons (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:sae:anname:v:711:y:2024:i:1:p:245-263

DOI: 10.1177/00027162241292180

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