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On this episode Mark talks with Elizabeth Popp Berman, Professor of Sociology at the University of Michigan, and author of Thinking Like an Economist: How Efficiency Replaced Equality in US Public Policy.
In it, she explains how in the middle of the 20th century a new kind of economic thinking took hold among policymakers at all levels of government. It replaced bold visions of justice and equality with a more technocratic style, one whose goals could be summed up in one word: efficiency.
Over the last half century this quest for efficiency has guided policies in everything from public education to defense to environmental management. It’s dominance is also reflected in the wild proliferation of MPA programs that exist in American universities today that have cost-benefit analysis at their heart.
Elizabeth and Mark discuss where this thinking came from, and why it appealed (and continues to appeal) to so many policymakers. They also talk about what’s lost in this focus on efficiency, and why it isn’t the panacea its advocates claim.
Watch Elizabeth's talk at the Rhodes Center.
Learn more about the Watson Institute's other podcasts.
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On this episode Mark talks with Elizabeth Popp Berman, Professor of Sociology at the University of Michigan, and author of Thinking Like an Economist: How Efficiency Replaced Equality in US Public Policy.
In it, she explains how in the middle of the 20th century a new kind of economic thinking took hold among policymakers at all levels of government. It replaced bold visions of justice and equality with a more technocratic style, one whose goals could be summed up in one word: efficiency.
Over the last half century this quest for efficiency has guided policies in everything from public education to defense to environmental management. It’s dominance is also reflected in the wild proliferation of MPA programs that exist in American universities today that have cost-benefit analysis at their heart.
Elizabeth and Mark discuss where this thinking came from, and why it appealed (and continues to appeal) to so many policymakers. They also talk about what’s lost in this focus on efficiency, and why it isn’t the panacea its advocates claim.
Watch Elizabeth's talk at the Rhodes Center.
Learn more about the Watson Institute's other podcasts.
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