The knowledge transmission mechanism and austerity. Why policy makers, rather than academic economists, made macroeconomic errors in 2010
"How do economic policy mistakes happen? One view is that policy makers are benevolent, and errors arise because economic theories are inadequate. Another is that policy makers pursue sectional interests that may have no relation to any academic consensus on good policy. This paper examines a t...
Main Author: | Wren-Lewis, Simon |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Düsseldorf
2015
IMK |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19107124124919253069-The-knowledge-transmission-mec.htm |
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