and that governments will ask them to get involved in areas of public policy. Doing such work
should not be discouraged: it enhances economists' understanding of what really goes on in the
industries they study. But asking that existing affiliations be disclosed seems entirely fair.
Critics of the profession argue,
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Jimmy Choo Frost Mirror Sandals silver, that it is no coincidence that financial economists,
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many of whom were engaged as consultants by Wall Street firms,
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averse to regulating the financial sector. It could well be that economists whose prior research
convinced them of the benefits of greater financial liberalisation were more willing to speak up for
Wall Street. But it is hard for economists to claim that being paid by firms in no way affects how
they approach or select the issues they study. After all,
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idea that incentives matter in determining how people behave.