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

David M. Levy, Sandra J. Peart




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 | #1190841 in Books |  Levy David M |  2016-12-24 |  2017-05-18 | Original language:English |  9.00 x.70 x6.00l,.0 | File type: PDF | 288 pages

 | Escape from Democracy The Role of Experts and the Public in Economic Policy

||1 of 2 people found the following review helpful.| ''If we simply believe what we are told, we fail to understand and our belief might be called ''superstition'' - J.S. Mill|By Clay Garner|''This book examines the consequences of succumbing to the temptation to escape from the messiness of democracy and defends another –perhaps lost –tradition of review and discussion as checks to the temptation to impose a policy c

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 hist...

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