Published online by Cambridge University Press: 28 April 2015
“The Great Society is the ‘age of the economist.’ One finds economists not only at the center of economic policy, in the Council of Economic Advisers, but also as important formulators of policy in the Departments of Defense, HEW, and HUD, and even as analysts of the status of the performing arts.” (USDA could have been added.)
Despite the contemporary accuracy of these lines from a recent issue of The Public Interest, any inference that the Great Society was the first “age of the economist” is patently wrong. That label belongs to the New Deal era.