Unable to find any info to answer my question I recently posted about.. role of economic theory in the way economics are run today & no clue found as to concrete examples of same...went through all your sites you suggested and looked many, many sites involving economic theory...nothing...do you have any comments to help? Thanks

I apologize for the inconvenience. Sometimes, finding specific information can be challenging, especially if it's a relatively specialized topic. However, I'm here to help you with your question about the role of economic theory in the way economics are run today and provide some concrete examples.

The role of economic theory in shaping economic policies and decision-making is significant. Economic theories provide frameworks and models to understand the behavior of individuals, institutions, and markets. These theories contribute to designing policies that promote economic growth, stability, and efficiency. The practical application of economic theory can be seen in various aspects of economic governance, including:

1. Monetary Policy: Central banks utilize economic theories to determine interest rates, manage money supply, and control inflation. The Quantity Theory of Money, for example, suggests a relationship between money supply and price levels.

2. Fiscal Policy: Governments use economic theories to formulate taxation policies, government spending, and budget planning. Keynesian economics, for instance, argues for government intervention to stimulate aggregate demand during economic downturns.

3. Trade and International Economics: Economic theories, such as comparative advantage, form the basis for international trade policies. The concept of free trade relies on the theory that nations can benefit from specializing in the production of goods in which they have a comparative advantage.

4. Labor Market Policies: Economic theories of labor supply and demand influence employment policies, minimum wage laws, and considerations for workforce training and education programs.

It's unusual not to find any information on this topic, as economic theory's role in shaping economics today is widely acknowledged and discussed. Here are some additional suggestions to help you find more concrete examples and information:

1. Academic Resources: Explore academic journals and books in the field of economics. These sources often provide in-depth analysis and case studies on the application of economic theory.

2. Government Agencies: Visit websites of government agencies responsible for economic policies, such as central banks, finance ministries, or departments of commerce. They often publish reports and publications that include discussions on economic theory and practical applications.

3. Research Institutes: Look for research institutes or think tanks that focus on economic policy. They frequently produce reports and publications that analyze the impact of economic theory on policy decisions.

4. Online Forums and Communities: Engage with online communities of economists or economics enthusiasts. They can offer insights, references, and discuss examples related to economic theory's role in current economic practices.

Remember, it's always good practice to critically evaluate sources, considering their credibility, expertise, and potential biases. I hope these suggestions help you in finding the information you need. If you have any more specific questions, feel free to ask!