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Still the queens of social sciences? (Post-)Crisis power balances of “public economists” in Germany

Stephan Pühringer
Institut für Ökonomie und Philosophie Cusanus Hochschule, 2016
Level: advanced
Perspective: Other
Topic: Other
Format: Working Paper
Link: https://www.econstor.eu/handle/10419/181404/

Photo by Steve Johnson on Unsplash 

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Still the queens of social sciences?

(Post-) Crisis power balances of “public economists” in Germany

Stephan Pühringer | 2016


 

Abstract: In spite of the manifold critique about the state of economics in the aftermath of the financial crisis, an even increasing presence of economists and economic experts can be observed in the public 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 paper shows that the public debate on politico-economic issues among economists is dominated by a specific subgroup of economists, tightly connected to an institutional network of “German neoliberalism”. This group of “public economists” (i) is dominant in public 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.

Key words: Public Economists, Economic Imaginaries, German Neoliberalism, political and societal impact of economic ideas

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