User:Thomasmeeks/Rough draft3

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Economics and politics

Some economists, like John Stuart Mill or Leon Walras, have maintained that the production of wealth should not be tied to its distribution. The former is in the field of "applied economics" while the latter belongs to "social economics" and is largely a matter of power and politics.[1]

Economics per se, as a social science, do not stand on the political acts of any government or other decision-making organization, however, many policymakers or individuals holding highly ranked positions that can influence other people's lives are known for arbitrarily use a plethora of economic theory concepts and rhetoric as vehicles to legitimize agendas and value systems, and do not limit their remarks to matters relevant to their responsibilities.[2] The close relation of economic theory and practice with politics[3] is a focus of contention that may shade or distort the most unpretentious original tenets of economics, and is often confused with specific social agendas and value systems.[4]

Issues like central bank independence, central bank policies and rhetoric in central bank governors discourse or the premises of macroeconomic policies[5] (monetary and fiscal policy) of the States, are focus of contention and criticism.[6][7][8][9]

1st ref.: not p. specific.

2nd ref.: course outline w reading list.

3rd ref.: Live link: http://www.wider.unu.edu/publications/working-papers/research-papers/2006/en_GB/rp2006-148/ Associated research paper: http://62.237.131.23/publications/rps/rps2006/rp2006-148.pdf 'Economics' & 'economic' missing

4th ref.: publisher's description: all references to economics: "how much freedom versus how much order?" I explain that conservatives favor freedom in economics and order in civil liberties, while liberals opt for the opposite: order in economics and freedom in the sphere of rights.

5th: OK

Chapter 8, "Sexual Language and Politics," for example, I have made more explicit the intricate connections among economics, politics, and gender issues.

6th ref.: Working paper only: Do We Really Need Central Bank Independence?

7th: OEP pre-pub.: http://www.hec.unil.ch/deep/textes/9704.pdf

8th: tangential

9th: OR Proceedings: http://books.google.com/books?hl=en&lr=&id=1E82WJ4F03EC&oi=fnd&pg=RA1-PA218&ots=GOndSxJF_P&sig=E0JF9dFlXPyOGZ-ItrbXU8RseGI

policy reform, political economy of: http://www.dictionaryofeconomics.com/article?id=pde2008_P000363&q=political%20economy&topicid=&result_number=5

political institutions, economic approaches to: http://www.dictionaryofeconomics.com/article?id=pde2008_E000252&q=political%20economy&topicid=&result_number=10

United States, economics in (1945 to present)#Economists, ideology and policy http://www.dictionaryofeconomics.com/article?id=pde2008_U000076&q=ideology%20&topicid=&result_number=2

economics ideology jel jstor http://scholar.google.com/scholar?q=economics+ideology+jel+jstor&hl=en&lr=&start=10&sa=N

[edit] Notes

  1. ^ The Origin of Economic Ideas, Guy Routh (1989)
  2. ^ Dr. Locke Carter (Summer 2006 graduate course) - Texas Tech University
  3. ^ Research Paper No. 2006/148 Ethics, Rhetoric and Politics of Post-conflict Reconstruction How Can the Concept of Social ContractHelp Us in Understanding How to Make Peace Work? Sirkku K. Hellsten, pg. 13
  4. ^ Political Communication: Rhetoric, Government, and Citizens, second edition, Dan F. Hahn
  5. ^ Johan Scholvinck, Director of the UN Division for Social Policy and Development in New York, Making the Case for the Integration of Social and Economic Policy, The Social Development Review
  6. ^ Bernd Hayo (Georgetown University & University of Bonn), Do We Really Need Central Bank Independence? A Critical Re- examination, IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut
  7. ^ Gabriel Mangano (Centre Walras-Pareto, University of Lausanne BFSH 1, 1015 Lausanne, Switzerland, and London School of Economics), Measuring central bank independence: a tale of subjectivity and of its consequences, Oxford Economic Papers. 1998; 50: 468-492
  8. ^ Friedrich Heinemann, Does it Pay to Watch Central Bankers’ Lips? The Information Content of ECB Wording, IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut
  9. ^ Stephen G. Cecchetti, Central Bank Policy Rules: Conceptual Issues and Practical Considerations, IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut