3min chapter

The Science of Politics cover image

Did economists move the Democrats to the right?

The Science of Politics

CHAPTER

What Is an Economic Style of Policy Making?

The economic style of reasoning is not necessarily what ph d economists are doing, right? It's sort of a micro economic, econ, one o one approach to policy. A broad focus on a choice incentives, cost effectiveness and weighing costs and benefits. Those kinds basic concepts that you can use as a set of tools for thinking about policy. And in terms of what that actually look like in practice, there's one example,. i use it in the beginning of the book that i like because it really illustrates how much things changed over a period o f time.

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