Key takeaways Economists used to have a sort of special status in US policymaking; they were the consummate technocratic experts. But over the past decade, both parties have increasingly been less enamored of economists — and economic thinking in general. The reasons for this include Trump and Biden’s personalities, the rise of populist MAGA and progressive factions, plus structural changes in the economy and the information environment. The consequences: more policies that economists dislike on the merits like tariffs and price controls — and also more badly designed po...

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