IDEAS home Printed from https://ideas.repec.org/p/ico/wpaper/52.html
   My bibliography  Save this paper

Still the queen of the social sciences? (Post-)Crisis power balances of 'public economists' in Germany

Author

Listed:
  • Stephan Puehringer

Abstract

As an immediate reaction to the recent financial crisis, it has been criticized that many economists are still acting as economic advisers for Ministries or the bureaucracy, although they have not been able to foresee the crisis . Academic economists still hold central positions in policy making; they influence decisions in economic expert panels or research departments in national and supranational organizations. Beside their role as policy advisors, economists also engage in public debates in a more narrow sense as technical economic experts as well as in a broader sense as 'public intellectuals' in the process of the transmission of economic knowledge in public (economic) policy discourses. In spite of the manifold critique about the state of economics in the aftermath of the crisis, an even increasing presence of economists and economic experts can be observed in the pu blic sphere during the last years . On the one hand this reflects the still dominant position of economics in the social sciences as well as the sometimes ignorant attitude of economists towards findings of other social sciences. On the other hand this pape r shows that the public debate on politico - economic issues among economists is dominated by a specific sub group of economists, tightly connected to an institutional network of 'German neoliberalism'. This group of 'public economists' (i) is dominant in pub lic debates even after the financial crisis, (ii) reproduces the formative German economic imaginary of the Social Market Economy in a German neoliberal interpretation and (iii) has a good access to German economic policymaking, rooted in a long history of economic policy advice.

Suggested Citation

  • Stephan Puehringer, 2016. "Still the queen of the social sciences? (Post-)Crisis power balances of 'public economists' in Germany," ICAE Working Papers 52, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
  • Handle: RePEc:ico:wpaper:52
    as

    Download full text from publisher

    File URL: https://www.jku.at/fileadmin/gruppen/108/ICAE_Working_Papers/wp52.pdf
    File Function: First version, 2016
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Klaus Zimmermann & Michael Burda & Kai Konrad & Friedrich Schneider & Hilmar Schneider & Jürgen Hagen & Gert Wagner, 2008. "Petersberger Erklärung Anstöße für eine zukunftsgerichtete Arbeitsmarktpolitik," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 88(12), pages 814-815, December.
    2. Carmen M. Reinhart & Kenneth S. Rogoff, 2010. "Growth in a Time of Debt," American Economic Review, American Economic Association, vol. 100(2), pages 573-578, May.
    3. Beker, Victor A., 2010. "On the economic crisis and the crisis of economics," Economics Discussion Papers 2010-18, Kiel Institute for the World Economy (IfW Kiel).
    4. Tony Lawson, 2006. "The nature of heterodox economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 30(4), pages 483-505, July.
    5. repec:hal:spmain:info:hdl:2441/67ft27s7u58ocangahl1jigu6p is not listed on IDEAS
    6. Speth, Rudolf, 2004. "Die politischen Strategien der Initiative neue soziale Marktwirtschaft," Arbeitspapiere 96, Hans-Böckler-Stiftung, Düsseldorf.
    7. Poul Thøis Madsen, 2013. "The Financial Crisis and Principles of Economics Textbooks," The Journal of Economic Education, Taylor & Francis Journals, vol. 44(3), pages 197-216, September.
    8. Marion Fourcade & Etienne Ollion & Yann Algan, 2015. "The Superiority of Economists," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 89-114, Winter.
    9. Jean-Baptiste Fleury & Alain Marciano, 2013. "Becker and Posner: Freedom of Speech and Public Intellectualship," History of Political Economy, Duke University Press, vol. 45(5), pages 254-278, Supplemen.
    10. Haucap, Justus & Thomas, Tobias & Wagner, Gert G., 2015. "Zu wenig Einfluss des ökonomischen Sachverstands? Empirische Befunde zum Einfluss von Ökonomen und anderen Wissenschaftlern auf die Wirtschaftspolitik," DICE Ordnungspolitische Perspektiven 70, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    11. Scott A. Beaulier & William J. Boyes & William S. Mounts, 2008. "The Influence of Economists on Public Attitudes toward Government," The American Economist, Sage Publications, vol. 52(2), pages 65-71, October.
    12. Feld, Lars P. & Köhler, Ekkehard A. & Nientiedt, Daniel, 2015. "Ordoliberalism, pragmatism and the eurozone crisis: How the German tradition shaped economic policy in Europe," Freiburg Discussion Papers on Constitutional Economics 15/04, Walter Eucken Institut e.V..
    13. Craufurd Goodwin, 2013. "Walter Lippmann: The Making of a Public Economist," History of Political Economy, Duke University Press, vol. 45(5), pages 92-113, Supplemen.
    14. Bruno S. Frey, "undated". "Does Economics have an Effect? Towards an Economics of Economics," IEW - Working Papers 036, Institute for Empirical Research in Economics - University of Zurich.
    15. Giersch,Herbert & Paqué,Karl-Heinz & Schmieding,Holger, 1994. "The Fading Miracle," Cambridge Books, Cambridge University Press, number 9780521358699, September.
    16. Lawrence H. Summers, 2000. "International Financial Crises: Causes, Prevention, and Cures," American Economic Review, American Economic Association, vol. 90(2), pages 1-16, May.
    17. Stigler, George J & Becker, Gary S, 1977. "De Gustibus Non Est Disputandum," American Economic Review, American Economic Association, vol. 67(2), pages 76-90, March.
    18. Marion Fourcade & Etienne Ollion & Yann Algan, 2015. "The Superiority of Economists," Journal of Economic Perspectives, American Economic Association, vol. 29(1), pages 89-114, Winter.
    19. Leonhard Dobusch & Jakob Kapeller, 2012. "A Guide to Paradigmatic Self-Marginalization: Lessons for Post-Keynesian Economists," Review of Political Economy, Taylor & Francis Journals, vol. 24(3), pages 469-487, July.
    20. Stephan Puehringer & Katrin Hirte, 2013. "The financial crisis as a tsunami Discourse profiles of economists in the financial crisis," ICAE Working Papers 14, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    21. David Colander, 2005. "The Making of an Economist Redux," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 175-198, Winter.
    22. Jens Weidmann, 2016. "Not against the Laws of Economics – Hans-Werner Sinn as a Public Intellectual," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 16(1), pages 7-11, June.
    23. Marion Fourcade & Etienne Ollion & Yann Algan, 2015. "La superioridad de los economistas," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 17(33), pages 13-43, July-Dece.
    24. Roger E. Backhouse & Bradley W. Bateman, 2009. "Keynes and Capitalism," History of Political Economy, Duke University Press, vol. 41(4), pages 645-671, Winter.
    25. Richard B. Freeman, 1999. "It's Better Being an Economist (But Don't Tell Anyone)," Journal of Economic Perspectives, American Economic Association, vol. 13(3), pages 139-145, Summer.
    26. David M. Kotz, 2009. "The Financial and Economic Crisis of 2008: A Systemic Crisis of Neoliberal Capitalism," Review of Radical Political Economics, Union for Radical Political Economics, vol. 41(3), pages 305-317, September.
    27. Frederic S. Lee & Xuan Pham & Gyun Gu, 2013. "The UK Research Assessment Exercise and the narrowing of UK economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 37(4), pages 693-717.
    28. Elster Jon, 2009. "Excessive Ambitions," Capitalism and Society, De Gruyter, vol. 4(2), pages 1-33, October.
    29. Angus Burgin, 2013. "Age of Certainty: Galbraith, Friedman, and the Public Life of Economic Ideas," History of Political Economy, Duke University Press, vol. 45(5), pages 191-219, Supplemen.
    30. Robert Frank, 2001. "The Economist as Public Intellectual: A Case for Selling Pareto Improvements," Eastern Economic Journal, Eastern Economic Association, vol. 27(2), pages 221-225, Spring.
    31. J. E. King, 2012. "The Microfoundations Delusion," Books, Edward Elgar Publishing, number 14065.
    32. Heise, Arne & Thieme, Sebastian, 2015. "What happened to heterodox economics in Germany after the 1970s," ZÖSS-Discussion Papers 49, University of Hamburg, Centre for Economic and Sociological Studies (CESS/ZÖSS).
    33. Jens Weidmann, 2016. "Not against the Laws of Economics – Hans-Werner Sinn as a Public Intellectual," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 2016(MAY), pages 7-11, June.
    34. Klaus F. Zimmermann, 2004. "Advising Policymakers through the Media," The Journal of Economic Education, Taylor & Francis Journals, vol. 35(4), pages 395-406, October.
    35. Marc Lavoie, 2012. "Perspectives for Post-Keynesian Economics," Review of Political Economy, Taylor & Francis Journals, vol. 24(2), pages 321-335, April.
    36. Bob Jessop, 2013. "Recovered imaginaries, imagined recoveries: a cultural political economy of crisis construals and crisis management in the North Atlantic financial crisis," Chapters, in: Mats Benner (ed.), Before and Beyond the Global Economic Crisis, chapter 12, pages 234-254, Edward Elgar Publishing.
    37. Chris Godden, 2013. "Observers, Commentators, and Persuaders: British Interwar Economists as Public Intellectuals," History of Political Economy, Duke University Press, vol. 45(5), pages 38-67, Supplemen.
    38. R. Glenn Hubbard, 2004. "The Economist as Public Intellectual," The Journal of Economic Education, Taylor & Francis Journals, vol. 35(4), pages 391-394, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Christian Grimm & Jakob Kapeller & Stephan Puehringer, 2017. "Zum Profil der deutschsprachigen Volkswirtschaftslehre: Paradigmatische Ausrichtung und politische Orientierung deutschsprachiger Oekonom_innen (On the current state of German-speaking Economics: Para," ICAE Working Papers 70, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    2. Jakob Kapeller & Stephan Puehringer & Christian Grimm, 2022. "Paradigms and policies: the state of economics in the German-speaking countries," Review of International Political Economy, Taylor & Francis Journals, vol. 29(4), pages 1183-1210, July.
    3. Karl M. Beyer & Christian Grimm & Jakob Kapeller & Stephan Puehringer, 2017. "Der 'deutsche Sonderweg' im Fokus: Eine vergleichende Analyse der paradigmatischen Struktur und der politischen Orientierung der deutschen und US-amerikanischen Oekonomie (The 'German special path': A," ICAE Working Papers 71, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    4. Ernest Aigner & Florentin Gloetzl & Matthias Aistleitner & Jakob Kapeller, 2018. "The focus of academic economics: before and after the crisis," ICAE Working Papers 75, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    5. Arne HEISE, 2016. "‘Why has economics turned out this way?’ A socio-economic note on the explanation of monism in economics," The Journal of Philosophical Economics, Bucharest Academy of Economic Studies, The Journal of Philosophical Economics, vol. 10(1), pages 81-101, November.
    6. Florentin Gloetzl & Ernest Aigner, 2015. "Pluralism in the Market of Science? A citation network analysis of economic research at universities in Vienna," Ecological Economics Papers ieep5, Institute of Ecological Economics.
    7. Stavros A. Drakopoulos, 2020. "Pay Level Comparisons in Job Satisfaction Research and Mainstream Economic Methodology," Journal of Happiness Studies, Springer, vol. 21(3), pages 825-842, March.
    8. David Dequech, 2016. "Some Institutions (Social Norms And Conventions) Of Contemporary Mainstream Economics, Macroeconomics, And Financial Economics," Anais do XLIII Encontro Nacional de Economia [Proceedings of the 43rd Brazilian Economics Meeting] 006, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    9. Karl Beyer & Stephan Puehringer, 2019. "Divided we stand? Professional consensus and political conflict in academic economics," ICAE Working Papers 94, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    10. Matthias Aistleitner & Jakob Kapeller & Stefan Steinerberger, 2018. "Citation Patterns in Economics and Beyond," Working Papers Series 85, Institute for New Economic Thinking.
    11. Røpke, Inge, 2020. "Econ 101—In need of a sustainability transition," Ecological Economics, Elsevier, vol. 169(C).
    12. Lorenzo Ductor & Bauke Visser, 2023. "Concentration of power at the editorial boards of economics journals," Journal of Economic Surveys, Wiley Blackwell, vol. 37(2), pages 189-238, April.
    13. Stephan Pühringer & Lukas Bäuerle, 2018. "What economics education is missing: the real world," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 46(8), pages 977-991, September.
    14. Ingrid Harvold Kvangraven & Surbhi Kesar, 2021. "Standing in the Way of Rigor? Economics’ Meeting with the Decolonizing Agenda," Working Papers 2110, New School for Social Research, Department of Economics.
    15. Zoya Mladenova, 2017. "Reflections of the Global Crisis 2008-2009 upon Economic Theory: Attempt for Generalization," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 3-40.
    16. Javdani, Moshen & Chang, Ha-Joon, 2019. "Who Said or What Said? Estimating Ideological Bias in Views Among Economists," MPRA Paper 91958, University Library of Munich, Germany.
    17. Matthias Aistleitner & Stephan Puehringer, 2020. "Exploring the trade (policy) narratives in economic elite discourse," ICAE Working Papers 110, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    18. Stephan Puehringer, 2016. "Think Tank networks of German neoliberalism. Power structures in economics and economic policies in post-war Germany," ICAE Working Papers 53, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    19. John P. Conley & Mario J. Crucini & Robert A. Driskill & Ali Sina Önder, 2020. "Publication lags and the research output of young economists," Vox eBook Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 67-72, Centre for Economic Policy Research.
    20. Corsi, Marcella & D’Ippoliti, Carlo & Zacchia, Giulia, 2019. "Diversity of backgrounds and ideas: The case of research evaluation in economics," Research Policy, Elsevier, vol. 48(9), pages 1-1.

    More about this item

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B29 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Other
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • O29 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Other
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ico:wpaper:52. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Teresa Griesebner (email available below). General contact details of provider: https://edirc.repec.org/data/igjkuat.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.