Does economic theory improve the basis for economic policy decisions? This question is considered by internationally well-known scholars who, within their field of expertise, address the connection between economic theory and public policy. Each paper is followed by comments from two experts to highlight the spectra of views on public policy and economic theory.
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Torben M. Andersen is the editor of Public Policy and Economic Theory, published by Wiley. Karl Ove Moene is a Norwegian economist. He graduated from the University of Oslo in 1977, and an obtained his PhD in 1984. He was appointed professor at the University of Oslo in 1987.
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