Does Economics have an Effect? Towards an Economics of Economics

Bruno Frey

No 36, IEW - Working Papers from Institute for Empirical Research in Economics - University of Zurich

Abstract: Due to its formality and highly analytic thinking, economics is often attributed a leading role among the social sciences and a prominent position as contributor to economic or social issues in the real world. Fact is, however, that the empirical proof for such a claim is either missing or anecdotal. This paper aims to outline the �economics of economics�. It surveys and compares approaches of impact measurement such as a production function of economics or the demand and supply of trained economists and discusses the determinants of the strength of the influence of economics. It furthermore discriminates between the impact of economic ideas versus that of economists as scientists or politicians.

Keywords: Economics of Economics; Role of Economics; Role of Economists (search for similar items in EconPapers)
JEL-codes: A11 A12 A14 (search for similar items in EconPapers)
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Citations: View citations in EconPapers (10)

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