After the Crisis: The Responsibility of the Economist as Researcher, Teacher and Citizen

Journal title STUDI ECONOMICI
Author/s Alessandro Vercelli
Publishing Year 2010 Issue 2010/100
Language Italian Pages 16 P. 275-290 File size 658 KB
DOI 10.3280/STE2010-100015
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The Great Recession triggered by the subprime mortgage crisis raised serious questions on the responsibility of the economists as intellectuals, advisors and decision makers. This essay focuses on the responsibility of the academic economist in his role of researcher, teacher, divulgator, inspirer and supporter of a specific ideology (sometimes malgré lui). In the light of this analysis, the author briefly discusses the limits of the institutionalized and centralized evaluation systems of research quality recently adopted in many countries, and suggests an alternative approach to the evaluation of the merit of academic economists centred on the zeal shown in complying with all their duties.

Keywords: Economist’s responsibility, ethics and economics, research evaluation, Great recession

Jel codes: A11, A13, A20

Alessandro Vercelli, Dopo la crisi: le responsabilità dell'economista come ricercatore, docente e cittadino in "STUDI ECONOMICI " 100/2010, pp 275-290, DOI: 10.3280/STE2010-100015