Innocence and Design
Six talks about the influence of economic ideas on policy by David Henderson , Head of the Economics and Statistics
Department in the Organisation for Economic Co-operation and Development (OECD)
5: DIYE Plus the Lobbies: Counting the Cost
'For the past half-century, economics has been dominated by a view of the subject and of the world as a whole which I would call "macro-supremacist" ... This concentration on macroeconomics has had two natural results. The extent to which other economic policies are dominated by intuition, rather than more distinctively professional ideas, has often gone unobserved; and even when observed, it has not necessarily been seen as a matter for much concern.'
(Re-broadcast on Sunday at 9.30 on R3) (The final lecture next Wednesday on Radio 4)
(The Reith Lectures are printed weekly in THE LISTENER)