Cynicism 101 from Owen-Braeutigam's 1978 "Regulation Games"

"A regulated firm...should be prepared to coopt [academics] experts...requires a modicum of finesse... must not be too blatant, for the experts themselves must not recognize that they have lost their objectivity"

from Ben Franta's paper on how some economists (in particular associated with Charles River Associates) have participated in delaying climate action

https://www.tandfonline.com/doi/full/10.1080/09644016.2021.1947636

#histecon #historyofecon @historyofeconomics