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Escape from Democracy
Contributor(s): Levy, David M. (Author), Peart, Sandra J. (Author)
ISBN: 1107142393     ISBN-13: 9781107142398
Publisher: Cambridge University Press
OUR PRICE:   $135.85  
Product Type: Hardcover - Other Formats
Published: December 2016
Qty:
Additional Information
BISAC Categories:
- Political Science | Public Policy - Economic Policy
- Political Science | Political Ideologies - Democracy
- Business & Economics | Economic History
Dewey: 330
LCCN: 2016024201
Physical Information: 0.71" H x 6.08" W x 9.39" (1.30 lbs) 290 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
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 history suggests that experts have not only the public interest but also their own interests to consider. The authors then recover and extend an alternative view of economic policy that subjects experts' proposals to further discussion, resulting in transparency and ensuring that the public obtains the best insights of experts in economics while avoiding pitfalls such as expert bias.

Contributor Bio(s): Levy, David M.: - David M. Levy is Professor of Economics at George Mason University, Washington DC. He has worked with Sandra J. Peart at the University of Richmond for fifteen years, and both have co-directed the Summer Institute for the History of Economics and have been honored by the History of Economics Society.Peart, Sandra J.: - Sandra J. Peart is Dean and Professor in the Jepson School of Leadership Studies at the University of Richmond. She is a former president of the History of Economics Society and the president of the International Adam Smith Society.