Happy to announce that @NPEjournal has published my article “The ‘strange non-death’ of economic models: how modelling contributed to neoliberal resilience in Denmark”.
The article, which is based on my PhD-dissertation, can be accessed here: https://www.tandfonline.com/doi/full/10.1080/13563467.2023.2172147?src= 1/6
🐦🔗: https://n.respublicae.eu/NielsFuglsang/status/1624697612325601286
The article presents a theoretical view of how economic forecasting models work as policy tools with both an overt objective function and a covert political function. 2/6
🐦🔗: https://n.respublicae.eu/NielsFuglsang/status/1624697614229807106
On the one hand, policymakers view the economic models as objective ‘black boxes’ because of their reliance on complex mathematical calculations (i.e. econometrics) and economic theories. 3/6
🐦🔗: https://n.respublicae.eu/NielsFuglsang/status/1624697616050143232
I look at Denmark, the 2011-2015 Social Democratic Thorning-Schmidt government as my case and show how policymakers used the Danish Finance Ministry’s models to promote certain neoliberal policies and attack alternative policy proposals. 5/6
🐦🔗: https://n.respublicae.eu/NielsFuglsang/status/1624697620424695808
Check it out guys! Looking forward to good discussions 😎 @LenSeabrooke @stephaniemudge @MkBlyth @cdlporte1 @RuneStahl @MandelkernRonen @phdskat @cornelban73 @heimbergecon @BJMbraun @Cevea @CBScph
🐦🔗: https://n.respublicae.eu/NielsFuglsang/status/1624697621976588290
On the other hand, economic models have the political function of simplifying the world and promoting certain policy goals and instruments instead of others. Thus, the models do not merely describe the economy but also shape it by guiding policymakers in a certain direction. 4/6
🐦🔗: https://n.respublicae.eu/NielsFuglsang/status/1624697617610309633