ÌÇÐÄvlog¹ÙÍø

ÌÇÐÄvlog¹ÙÍø Authors

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Professor of the Practice of Public Policy, ÌÇÐÄvlog¹ÙÍø; Professor of the Practice of Economics, FAS

Abstract

Economists have long helped shape policy by offering analysis to guide decisions on trade, taxation, regulation, and economic stability. At times, mainstream economic expertise has led major policy debates, influencing governments around the world. Today, however, economists are increasingly sidelined. While they still dominate the staff of central banks and multilateral institutions, political leaders are more likely to prioritize ideology and expediency over economic analysis. Meanwhile, public trust in economists has been eroded by high-profile policy failures, growing political polarization, and mounting challenges to expert authority from new and often unreliable information sources.

Citation

Dynan, Karen. "Reclaiming a Policy Role for Economists." Finance & Development, June 2025.