Abstract
This paper deals with the complex relationship between academic advice given to policy makers, economics as a science, and economic policy. It is seen from the viewpoint of a university teacher who serves (or did so formerly) as an adviser in the advisory council of the Federal Ministry of Economic Affairs and the Council of Economic Experts. The paper addresses the trade-off between doing research work and economic advising, as well as the extent to which economics as a science is established sufficiently enough to advise seriously. Moreover, the reputation of economic advisers and the successful influence of economic advising on economic policy makers is discussed.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
