Expert Knowledge for Economic Policy: Is It Time for the “One-armed Economist” to Retire?

Abstract

The authors evaluate prospects of a new quality of relations between the holders of economic expertise based on scientific research, attention to essential (including interdisciplinary) details and its beneficiaries in the field of political decision-making. We substantiate the necessity of finding a compromise between what is interesting to a researcher and what is relevant for the development and application of economic policy measures in the light of the opposition of functionalist and fundamentalist approaches to the formation of interdisciplinary and sociopolitical discourses.