Sunday, April 19, 2015
What Policies Would Economists In Britain Advocate If They Ran The Country?
The Financial Times asked a broad sample of economists to make economic policy recommendations. Their recommendations were very different from what politicians are likely to recommend. They are also less conservative than what many people would anticipate from economists. Its pretty clear that economists have very little influence over politicians in Britain. Politicians select economic advisers who will promote policies that help them to get elected. They may not be the best policies for the nation.