Monday, November 10, 2014

Dr Gruber, lies, and the policy process

A thought-provoking piece about the necessity of lying in policymaking:

http://keithhennessey.com/2014/11/10/honesty-about-lying/

Quotes:
When you strip away all the complexity, economic policy is ultimately an expression of elected officials making difficult value choices. If over time these officials make value choices that do not reflect the values of the people whom they represent, they can, should, and will be replaced. 
When these same elected officials, and those who advise them, deliberately construct policies to hide value choices that would be unpopular were they transparent and explicit, we end up with two terrible outcomes. We get policies that do not reflect our values, and we re-elect representatives who are lying to us.

No comments:

Post a Comment