What kind of decision are we making in casting our vote for one political party over another? Are we thinking ahead and choosing the option that will best promote our future well-being? Or are we looking to the past and exacting retribution for political actions we have disliked? These questions underlie the current jostling for position between the main political parties in their attempts to focus the electorate’s mind on the versions of the past and the future most favourable to their party’s cause. As a political tactic, however, this manoeuvring comes up against deep tensions in the way we think about voting - tensions that all parties have in the past found it easier to paper over than to confront.
ShareThe question of how many of the good and bad things in our lives are attributable to the workings of luck and how many to our own efforts and skills seems a long way from everyday political and business reality. But the financial crisis and the ensuing economic downturn have forced government ministers and business people alike to get their story straight on just this issue. After all, if they want to say that the good times were down to them, don’t they have to accept that the bad times are down to them also? And if they want to say that the bad times are despite them, don’t they have to accept that the good times were despite them also? Our article examines how those under fire have tried to navigate their way around these pitfalls - and whether their answers stand up to scrutiny.
ShareDrawing on interviews with more than twenty senior economists across private, public, and not-for-profit sectors this report is about the role of chief economists. As well as looking at how the financial crisis and its aftermath have affected their standing, the report examines the contribution senior economists make to organisational life, the duties they are under and the dilemmas they face, and how they view the relationship between the worlds of practice and theory. As such, the report stands as an anatomy of a professional discipline at a time of scrutiny and change.
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