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BEGIN:VEVENT
UID:649a87a285bbbce069931b4d736b3f45
CATEGORIES:Seminars
CREATED:20190528T171114
SUMMARY:Lunch Seminar: Gilles Saint-Paul - PSE & NYUAD
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p><strong><span style="font-size: 11pt; font-family: 'Calibri','sans-serif
 ';">Useful Idiots or Manipulators? Some Examples of Non-neutrality of Econo
 mic Experts</span></strong></p><p><span style="font-size: 11pt; font-family
 : 'Calibri','sans-serif';">Abstract:</span></p><p style="text-align: justif
 y;"><span style="font-size: 11pt; font-family: 'Calibri','sans-serif';">In 
 this work in progress, I challenge the standard view that the government ma
 ximizes social welfare on the basis of objective information provided by ex
 perts, such as economists. In this view, the experts are perfect agents: th
 ey provide unbiased information on the welfare effects of policy. Consequen
 tly, since information has a positive value, experts contribute positively 
 to the people's welfare. Instead, I argue that expertise is an input into a
  political process. Its ultimate effects depend on how each interest group 
 uses the information provided by the expert. Therefore, it maybe counterpro
 ductive to deliver studies independently of the decision process; conversel
 y, an expert who understands this process may manipulate it to fit his own 
 agenda.</span></p>
DTSTAMP:20260405T051233Z
DTSTART:20190530T130000Z
DTEND:20190530T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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