Source: Students For Liberty
by Samrudha Surana
“By focusing on presenting options and scenarios based on economic theories and data, economists can facilitate informed decision-making processes. This way, a political economist becomes a facilitator of the democratic process. First, political economists do need to think more about how collective choices are made. This is not just in the context of social choice frameworks, which are deliberately designed, but also about allowing competition and a federal nature and allowing relatively smaller groups to figure out what collective choice mechanism for the proposed policy works best for them. Second, citizens of democracies need to think more about the idea of ‘democracy by discussion,’ and not just ‘democracy by vote.'” (06/25/24)
https://studentsforliberty.org/blog/the-proper-role-of-a-political-economist/