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Advising The President Of The United States On Economic Policy

Author

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  • Paul W. MacAvoy

Abstract

Editors’ note: This essay recalls some of the ways in which government policymakers come to agreement on how to solve economic problems and formulate economic policy proposals for submission to the President of the United States. These posthumously edited reflections were excerpted from Paul MacAvoy's unpublished manuscript, Day to Day at the CEA: Letters, Memoranda, and Notes on Economic Policy to the World at Large from a Member of the Council of Economic Advisers in the Ford Administration (1975-1976), available in its entirety on the Social Science Research Network. The editors have reordered some paragraphs to facilitate the essay's flow, taking into consideration that the reader is not seeing the nearly 300 pages of original source documents within which Professor MacAvoy interspersed the commentary published here. The editors have also given the essay a title and section captions.

Suggested Citation

  • Paul W. MacAvoy, 2016. "Advising The President Of The United States On Economic Policy," Journal of Competition Law and Economics, Oxford University Press, vol. 12(3), pages 417-424.
    • Handle: RePEc:oup:jcomle:v:12:y:2016:i:3:p:417-424.
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    File URL: http://hdl.handle.net/10.1093/joclec/nhw011
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    More about this item

    Keywords

    A11; D04; D40; D73; D78; G18; H11; K20; K23; L10; L40; L50; L51; N00;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government
    • K20 - Law and Economics - - Regulation and Business Law - - - General
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L40 - Industrial Organization - - Antitrust Issues and Policies - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • N00 - Economic History - - General - - - General

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