Abstract
The economics profession both sanctioned and rationalized a business model of society which supported a minimally supervised rule of markets. As a consequence, the failure of markets has marginalized economics itself. It is left on the sidelines as politicians try to salvage something from the breakdown of the market order. Robert Skidelsky, 2009When I was in college, I majored in political science. But if I were going through college today, Id major in economics. It possesses a rigor that other fields in the social sciences dontand often greater relevance as well. Thats why economists are shaping national debates about everything from health care to poverty, while political scientists often seem increasingly theoretical and irrelevant. Nicholas D. Kristof, 2011Foreign policy decision makers tend to rely on historical analogies. The surge in Afghanistan, for example, was inspired in part by the surge in Iraq. Processes for dealing with foreign policy issues involving the wars in Iraq and Afghanistan were substantially different from those processes in the Bush and Obama administrations aimed at dealing with economic crises in 2008 and 2009. The latter processes were influenced extensively by economists, especially in the Obama administration. The decisions to send additional troops to the wars in Iraq and Afghanistan involved relatively few political scientists. More substantial input from political scientists in the decision making process about the surge in Afghanistan might have produced more knowledgeable and informative analyses of relevant historical and political data in the form of structured focused comparisons of the wars and counterinsurgency campaigns in Iraq and Afghanistan, as well as analyses and interpretations of data on larger numbers of cases pertaining to broader phenomena of which the US interventions in Iraq and Afghanistan are examples. Perhaps political scientists deserve a role within foreign policy making processes more similar to that reserved for economists in processes focusing on economic issues.
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