Great divide between academic, business and government economists

Mostly Economics

Mark Thoma has this another superb article on state of economics. He looks at examples from medical industry where academicians work closely with practitioners. In economics we have very little association between the two.

So medical academics apart from looking at how human body works also works on potential threats/new diseases etc. In economics it is mostly about how economics works and very little to do with treating health of economy and firms.

He starts interestingly:

View original post 768 more words

Author: Damian Merciar

Damian Merciar is Managing Director of Merciar Business Consulting, http://www.merciar.com, a niche business economics consultancy founded in 1998. He has over twenty years experience in the areas of commercial Business Strategy. He is experienced in the transition environments of nationalized to private sector state utilities and the senior practice of commercial management, advisorial consultancy, and implementation. He has carried out policy advisory work for government ministries and been an adviser to institutional bodies proposing changes to government. He holds an MSc Economics from the University of Surrey’s leading Economics department and an MBA from the University of Kent. Also attending the leading University in the Middle East, studying International Relations and Language, for which he won a competitive international scholarship, and has a BA (Hons) in Economic History and Political Economy from the University of Portsmouth. He is currently based in London.

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