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The British government, for one, set up a behavioural-insights team to make policy more effective.
The Fed has implicitly acknowledged them through its continuing efforts to make policy more expansionary, even as the economy grows.
How could they convince investors that the change was intended to make policy more flexible, rather than to inflate away the state's debts?
I'm not sure that would be the wise course; better to tighten mortgage lending rules and make policy more expansive in order to usher the dollar in a weaker direction.
As for bringing separate departments under one roof, even if it is designed to make policy more coherent and get people to work together, it may be decades before aspirations become reality.
Similar(55)
Stakeholders contesting and complementing statistical insights make policies more responsive to local needs.
The fall harvest of 1958 had not been as large as expected, and in February and March 1959 Mao Zedong began to call for appropriate adjustments to make policies more realistic without abandoning the Great Leap as a whole.
But the plan also would use tax credits, a concept backed by President Bush and the leading Republican presidential candidates, to make policies more affordable for the middle class.
The requirement often is referred to as the law's "stick," the counterpart to the "carrot" of the subsidies available on the health insurance exchanges to make policies more affordable for low- and middle-income households.
Future volatility reduces the benefit of being in power, making policy more efficient.
To pretend that they do not affect attitudes makes policy more restrictive than it should be.What about the unskilled?
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com