How would the advice of an economic scientist differ from that of an economic policy advisor?
Economic policy advisors are likely to be hired for their political beliefs, to promote the particular agenda of a poltical party.
The advice of an economic scientist and that of an economic policy advisor would differ primarily in terms of their focus and objectives.
An economic scientist, often an economist by profession, is primarily concerned with conducting research, testing theories, and analyzing data to understand economic phenomena. They aim to develop a deeper understanding of various economic principles and uncover empirical evidence to support or reject economic theories. Economic scientists typically work in academia, research institutions, or think tanks and are less directly involved in policy-making.
On the other hand, an economic policy advisor is focused on providing practical guidance and recommendations to policymakers. Their role is to assess the economic landscape, analyze current economic conditions, and propose strategies and policies to address specific economic challenges. Economic policy advisors usually work closely with government officials, international organizations, or private institutions to shape economic policies and initiatives.
While both economic scientists and policy advisors rely on economic theories and data, their objectives and levels of involvement differ. Economic scientists often strive for theoretical rigor and academic advancement, while economic policy advisors work towards practical solutions for real-world economic problems. Consequently, the advice provided by each will likely differ in terms of depth of analysis, scope, and applicability to policy implementation.
To access the advice of an economic scientist, one can refer to academic journals, publications, or attend seminars and conferences where economists present their research. Keeping up with the work of prominent economists or following their blogs and podcasts can also provide insights.
To access the advice of an economic policy advisor, one can look for reports, policy briefs, or recommendations published by governmental agencies, international organizations like the International Monetary Fund (IMF) or World Bank, or economic think tanks. Additionally, policymakers often rely on input from a variety of experts, so attending public policy forums or keeping up with the policy agenda of your government can also provide access to their advice.