Escape from Democracy

Advance praise: ´Levy and Peart demonstrate brilliantly the dangers of deferring to experts. When we treat politics like engineering or dentistry we ask the experts to choose for us. This technocratic error is the escape from democracy the authors warn us against. If we are serious about equality, we must be serious about democracy. Theirs is a message - and an analysis - that we, the people, urgently need to hear.´ Roger Koppl, Syracuse University

Autorentext

David M. Levy is Professor of Economics at George Mason University, Washington DC. He has worked with Sandra J. Peart at the University of Richmond for fifteen years, and both have co-directed the Summer Institute for the History of Economics and have been honored by the History of Economics Society.

Klappentext

This text interrogates the role of experts in governing and proposes a viable alternative: governing by democratic discussion.

Zusammenfassung
David M. Levy and Sandra J. Peart show how setting economic policy goals and putting experts in charge of implementing them fails dramatically. They argue that determining the ends and the means can be accomplished more successfully through an ongoing democratic discussion. This provides transparency and protects against expert bias.

Inhalt

Acknowledgments; Part I. Introductory Themes: 1. Introduction; Part II. The Discussion Tradition: 2. On 'strongly fortified minds': self-restraint and cooperation in the discussion tradition; 3. The Knightian moment; 4. The rise of new welfare economics: an end to endogenous goals?; Part III. When Linear Models Fail: Two Cases: 5. Experts and eugenics: 'science' privileges a social goal; 6. Expert judgment and Soviet growth; Part IV. An End to Discussion: Secrecy and the Temptation to Bias: 7. Experts and the philosopher's stone: John Law's secret financial alchemy; 8. The consequence of suppressing discussion: imprudence with biased experts; Part V. Getting the Best out of Experts: 9. A revised code of ethics for experts; 10. Mitigating the consequences of factional expertise; 11. Inducing greater transparency; Part VI. Conclusion: 12. Vox populi?