A bestselling economist tells us what both politicians and economists must learn to fix America's failing economic policies
American economic policy ranks as something between bad and disgraceful. As leading economist Alan S. Blinder argues, a crucial cultural divide separates economic and political civilizations. Economists and politicians often talk--and act--at cross purposes: politicians typically seek economists' "advice" only to support preconceived notions, not to learn what economists actually know or believe. Politicians naturally worry about keeping constituents happy and winning elections. Some are devoted to an ideology. Economists sometimes overlook the real human costs of what may seem to be the obviously best policy--to a calculating machine. In Advice and Dissent, Blinder shows how both sides can shrink the yawning gap between good politics and good economics and encourage the hardheaded but softhearted policies our country so desperately needs.
Basic Books; March 2018
- ISBN: 9780465094189
- Read online, or download in secure ePub format
- Title: Advice and Dissent
- Author: Alan S. Blinder
Imprint: Basic Books
In The Press
"At a moment when policy expertise is devalued in Washington, Advice and Dissent is a brisk and refreshing call to reason. Blinder's thoughtful, entertaining and eminently readable book rightly critiques politicians and economists for misunderstanding each other's motivations. And he traces a helpful path to tackling even the most difficult economic problems by balancing the sound insights of economics with appropriate respect for the exigencies of politics. Politicians and economists can learn from this book. So can the rest of us."—E.J. Dionne, Jr.
About The Author
Alan S. Blinder is the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University, a former member of Bill Clinton's Council of Economic Advisors, and a former vice-chair of the Federal Reserve. The bestselling author of After the Music Stopped, he lives in Princeton, New Jersey.