The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertainty and by assuming that profits follow an objectively true and ex ante known probability...

The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertainty and by assuming that profits follow an objectively true and ex ante known probability...

Die wissenschaftsgeleitete Politik- und Gesellschaftsberatung hat in den letzten Jahren enorm an Bedeutung gewonnen und ist fortwährend vielfältiger geworden. Politische Entscheidungen basieren immer häufiger auf empirischen Forschungsergebnissen und Gutachten. Allerdings kann die Suche nach...

The neo-Schumpeterian growth models, which appeared in the early 1990s, have ostensibly reintroduced the entrepreneur into mainstream growth theory. However, we show that by ignoring genuine uncertainty and by assuming that profits follow an objectively true and ex ante known probability...

Lee (2022) evaluates whether elected officials update their policy positions based on expert evidence. His cross-subject and within-subject designs run in the American local and state policy-making context both confirm the capacity for politicians to update their beliefs in response to expert...

Kinder und Jugendliche stehen unter einem besonderen Schutz in unserer Gesellschaft, und es existiert ein breiter gesellschaftlicher Konsens darüber, Kinder- und Jugendarmut möglichst zu vermeiden. Armut grenzt von gesellschaftlicher Teilhabe aus und beschränkt Kinder in ihren körperlichen...

Twice a year, the Joint Economic Forecast (JEF, "Gemeinschaftsdiagnose") brings together Germany's leading economic research institutes to prepare a consensus view on the business cycle, potential growth perspectives and appropriate policy recommendations. This globally unique exercise, dating...

Wirtschaftswissenschaftliche Fachdiskussionen stellen in unterschiedlichen Formen Konsens oder Dissens der Beteiligten heraus. Nach welchen Regeln und Verfahren ist eine Konsensfindung in der wirtschaftspolitischen Beratung möglich? Und in welchen Fällen ist ein allseitiger Konsens gerade...

Die Alterung der deutschen Bevölkerung führt in der umlagefinanzierten Gesetzlichen Rentenversicherung zu höheren Beiträgen bei sinkendem Sicherungsniveau. Dies ließe sich bremsen, wenn mit steigender Regelaltersgrenze der Renteneintritt später erfolgte. Jedoch bevorzugt die Bevölkerung...

We use process tracing to test the hypothesis of a specific strategy in the process of discussing and enacting a policy agenda. Our case study is Colombia, where the trace of events and milestones allow us to detect the strategy followed in implementing neoliberal reforms during the 1980s-2000s....

The next president of the United States will have to address the country's chronic budget deficits and spiraling debt. Unfortunately, neither candidate has a coherent plan Neither candidate is committed to free trade. Whereas Trump's trade policies will be conditioned by animosity toward China,...

Many, if not most, personalistic dictatorships end up with a disastrous decision such as Hitler’s attack on the Soviet Union, Hirohito’s government launching a war against the United States, or Putin’s invasion of Ukraine in February 2022. Even if the decision is not ultimately fatal for...

Policy Research Institutes in the United States play an important role in the creation of evidence for evidence-based policymaking. This is the case with respect to their advocacy for the gathering and broad dissemination of "Big Data" and in the publication of policy analysis in the academic...

This paper discusses how wars of ideas can be waged, using the authors extensive experience, both as director general of the Institute of Economic Affairs (IEA) and at other classical liberal think tanks.John Blundell begins his stimulating collection of published essays, reviews and...

Ministry of Finance advisers play a crucial role in managing public finance matters, acting as a bridge between bureaucratic and political realms. This article aims to identify the essential skills and experiences that advisers must possess and how these professional qualities relate to their...