The technical competence of economic policymakers

Mark Hallerberg, Joachim Wehner 14 February 2013

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The following quotations suggest that ministers who lack technical competence make bad policy decisions.

“I don’t know what George Osborne’s degree was in. It was certainly not economics.” – Alex Salmond, First Minister of Scotland.

“In case you are wondering, George Osborne studied history.” – BBC Radio Four Announcer1

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Topics:  Politics and economics

Tags:  technocrats, central bankers, finance ministers