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Cambridge University Press Escape from Democracy: The Role of Experts and the Public in Economic Policy

Name: Escape from Democracy: The Role of Experts and the Public in Economic Policy
Brand: Cambridge University Press
Price: 85.79 GBP
Availability: InStock

Business & Economic History

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Description

The orthodox view of economic policy holds that public deliberation sets the goals or ends, and then experts select the means to implement these goals. This assumes that experts are no more than trustworthy servants of the public interest. David M. Levy and Sandra J. Peart examine the historical record to consider cases in which experts were trusted with disastrous results, such as eugenics, the regulatory use of security ratings, and central economic planning. This history suggests that experts have not only the public interest but also their own interests to consider. The authors then recover and extend an alternative view of economic policy that subjects experts' proposals to further discussion, resulting in transparency and ensuring that the public obtains the best insights of experts in economics while avoiding pitfalls such as expert bias.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 1107142393
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 24 December 2016
Listed Since: 01 March 2016

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Cambridge University Press Escape from Democracy: The Role of Experts and the Public in Economic Policy

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