Economic Pluralism Challenges Elite Policies and Democratizes Economics Debate
Two new books challenge the idea that all economics is pro-market and anti-regulation. They discuss the importance of different economic theories and the need for economists to consider a wider range of ideas when making policy decisions. The books suggest that relying on economists from elite institutions may limit the range of policies considered. They propose that embracing a variety of economic perspectives can lead to better policy outcomes and a more inclusive economics field.