Welfarism, Libertarian Paternalism and Political Economy: Three Perspectives on Economic Expertise

Valérie Clément and Alain Marciano

Working Papers from LAMETA, Universtiy of Montpellier

Abstract: This paper proposes and compares different characterization of what an economic expert is — his/her role, functions and legitimacy — according to different conceptions of economics: welfarism, libertarian paternalism and positive political economy. We show that both welfarism and libertarian paternalism allows expert to impose their views, their preferences to the individuals. This is not the case with political economy.

Pages: 21 pages
Date: 2011-11, Revised 2011-11
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Persistent link: https://EconPapers.repec.org/RePEc:lam:wpaper:11-23

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