The Power of Economists within the State

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Why have some countries gone farther than others in adopting public policies that rely heavily on the free-market? Johan Christensen offers a new explanation: these policies are correlated with the entrenchment of U.S.-trained, neoclassical economists within that state. Comparing the cases of New Zealand, Ireland, Norway, and Denmark, he shows how the influence of economists helped to establish market-conforming tax regimes.

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