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Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

The CEA: An Inside Voice for Mainstream Economics

  • Charles L. Schultze
Journal of Economic Perspectives
vol. 10, no. 3, Summer 1996
(pp. 23–39)
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Abstract

After initially concentrating on macroeconomic policy, the Council of Economic Advisors (CEA) soon began to provide the president with advice on virtually all issues with economic content. On a wide range of issues there has been a commonality of advice given by the CEA to administrations of both parties, reflecting a broad consensus within the mainstream economics profession especially on microeconomics. While the differences within the profession and among various CEAs on issues of macroeconomic stabilization have narrowed, differences in assessing the supply-side effect of changes in taxes have grown in importance.

Citation

Schultze, Charles L. 1996. "The CEA: An Inside Voice for Mainstream Economics." Journal of Economic Perspectives, 10 (3): 23–39. DOI: 10.1257/jep.10.3.23

JEL Classification

  • E60 Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
  • N42 Economic History: Government, War, Law, and Regulation: U.S.; Canada: 1913-
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