Arbeitspapier
Ten lessons for economic policymakers
Economists have played a powerful role in shaping modern Australia. Drawing on my experience as an academic economist and an economic policymaker, I outline ten principles to guide economists seeking to maximise their impact. These are to (1) Focus on wellbeing, not just dollars; (2) Think comparative advantage; (3) Ignore sunk costs; (4) Optimise, subject to constraints; (5) Use the best evidence; (6) Consider expected value; (7) Think in magnitudes, not just in signs; (8) Channel a libertarian; (9) Remember equity; and (10) Incentives matter.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Policy Paper ; No. 208
- Klassifikation
-
Wirtschaft
Role of Economics; Role of Economists; Market for Economists
Relation of Economics to Social Values
Microeconomic Policy: Formulation, Implementation, and Evaluation
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
- Thema
-
economic policy
role of economics
relation of economics to social values
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Leigh, Andrew
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2024
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Leigh, Andrew
- Institute of Labor Economics (IZA)
Entstanden
- 2024
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