Economic Advice and Rhetoric: Why Do Consultants Perform Better Than Academic Advisers?

ISBN-13: 9781848442634 / Angielski / Twarda / 2010 / 320 str.

Opis

This book compares the approaches of consultants and academic advisers and provides an in-depth analysis of their advice argumentation. Both compete on the market for economic advice, with consultants enjoying a larger market share and usually obtaining higher fees. However, academics criticize them for overcharging, shallowness, and quick-and-dirty methods. So, are consultants' clients misled or even cheated? Not necessarily. The book reveals that academics have drawbacks as well; their arguments are less balanced than those of consultants and their estimates contradict each other more.