Economists as policy makers and scientists
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Discuss similarities and differences in the roles economists play as policy makers and as scientists. How would advice offered to policymakers differ depending on which role an economist assumes? Please offer an educated opinion.
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Solution Summary
The solution discusses how the advice offered by economists differs as they assume different roles.
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As scientists economists must be impartial to the effects of their research. They are concerned only with performing research that is verifiable and reporting their conclusions in an objective manner. As policy makers, on the other hand, economists must take a stand on issues. If they are concerned about ...
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