Al Azar
VIP Member
And economists don't push anything. You may have them lumped together with commentators and journalists.I hardly think economists need to worry about their jobs unless they're very bad at it. They're like accountants. My grandfather, a CPA, told me something when I was young and wondering what to do with my life. He simply said, "The last one let go is the accountant." And he was right.Over 50% now? A moment ago it was "upwards of 50%", i.e., as many as 50%.So if over 50% work for the government...it's pretty common sense that those who work FOR the government...are going to believe in MORE government.
If their analysis points to more government, that's what they'll come up with.
Economists are professionals who presumably do the best job they can at describing to their employers what they find the situation to be, what options their employer might consider to deal with it, and the possible consequences of those options.
Economists are analysts, not decision makers. They evaluate and, if asked, advise. Their employer wants the best evaluation he can afford so that he can make an informed decision. If the evaluation is "we may need more government", they will express that. If their evaluation is, "This program is a burden to ___ and is hindering expansion in this sector of the economy," then that's what they'll report. Analysts are black-and-white thinkers. They may have political opinions, but they're not, as a group, politically motivated professionals.
If your position is that economists who work for the government favor big government because it makes for more job openings for economists, then you're doing the entire profession a disservice.
My position is that very few people favor policies which cost them their jobs! I base THAT on a lifetime of experience!
Economists have almost the same job security, IMO, no matter where they work. All major financial firms need them, as well as major firms in almost every sector of the global economy. No CEO can be effective without an in-house economic team explaining what's happening out there.
People in government have great job security. They also don't tend to push for cuts to government. That was my point.