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What are economists for?

Print this article What is the social role of the economist? Over the course of the last century, two distinct viewpoints developed. The first sees economists primarily as students of society. The second moves beyond study into the realm of social engineering. One of my graduate school mentors referred to this distinction as economists-as-scholars versus economists-as-saviors. Especially when it comes to politics, there’s a world of difference. Before the late 19th century, there weren’t many professional economists with university positions. The few that held such positions were often within faculties of law or philosophy. In fact, economics, or political economy as it was more commonly called, was seen not as a separate discipline, but an extension of humane studies. More commonly, economics was the domain of gentlemen-amateurs who wrote about the foundations of commerce in between their professional pursuits.

Letter: Cut Minnesota s corporate income tax to boost entrepreneurship

Letter: Cut Minnesota s corporate income tax to boost entrepreneurship
inforum.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inforum.com Daily Mail and Mail on Sunday newspapers.

Russia after Putin: How to rebuild the state - Atlantic Council

Russia after Putin: How to rebuild the state - Atlantic Council
atlanticcouncil.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from atlanticcouncil.org Daily Mail and Mail on Sunday newspapers.

EconomicPolicyJournal com: Why Larry Summers is Speaking Out Against Joe Biden s $1 9 Trillion Spending Program

Tuesday, February 9, 2021 Larry Summers David Warsh, a former Boston Globe columnist and current weekly columnist at his own website, Economic Prinicipals, provides this interesting background story: Some years ago, I set out to write a little book about Harvard University’s USAID project to teach market manners to Boris Yeltsin’s Russian government in the 1990s.  The project collapsed after leaders of the Harvard mission were caught seeking to line their own pockets by gaining control of an American firm they had  brought in to advise the Russians. Project director Andrei Shleifer was a Harvard professor. His best friend, Lawrence Summers, was US Assistant Treasury Secretary at the time.

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