The Crisis Of Technocracy

The European Union tries to be a responsible, technocratic, scientific regulator. As national governments struggle with populist calls for protectionism and state aid it preaches a co-ordinated, economically defensible recovery policy. Yet the paradox is that it was the experts who created the crisi...

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Auteur principal:	Gareth Davies
Format:	article
Langue:	EN
Publié:	Amsterdam Law Forum 2009
Sujets:	international law, economics, financial regulation, global markets, financial, law, politics, financial crisis Law K
Accès en ligne:	https://doaj.org/article/cac2f0e2e86a41d8bb98eeed960ff026
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spelling	oai:doaj.org-article:cac2f0e2e86a41d8bb98eeed960ff0262021-12-02T01:13:01ZThe Crisis Of Technocracy1876-8156https://doaj.org/article/cac2f0e2e86a41d8bb98eeed960ff0262009-04-01T00:00:00Zhttp://ojs.ubvu.vu.nl/alf/article/view/79https://doaj.org/toc/1876-8156The European Union tries to be a responsible, technocratic, scientific regulator. As national governments struggle with populist calls for protectionism and state aid it preaches a co-ordinated, economically defensible recovery policy. Yet the paradox is that it was the experts who created the crisis, with complex systems and models that are now discredited. Does the solution really lie in more advice from the same people, or is the crisis also one of ideas, showing that we cannot understand or manage the world using only quantitative sciences, and human and political judgment still need to be central? Not only the EU, but also a technocratic model of government, is now facing a test. Success will bring great political capital for both, whereas failure will require a rethinking of the way we make rules, as well as of where we make them.Gareth DaviesAmsterdam Law Forumarticleinternational law, economics, financial regulation, global markets, financial, law, politics, financial crisisLawKENAmsterdam Law Forum, Vol 1, Iss 3, Pp 23-28 (2009)
institution	DOAJ
collection	DOAJ
language	EN
topic	international law, economics, financial regulation, global markets, financial, law, politics, financial crisis Law K
spellingShingle	international law, economics, financial regulation, global markets, financial, law, politics, financial crisis Law K Gareth Davies The Crisis Of Technocracy
description	The European Union tries to be a responsible, technocratic, scientific regulator. As national governments struggle with populist calls for protectionism and state aid it preaches a co-ordinated, economically defensible recovery policy. Yet the paradox is that it was the experts who created the crisis, with complex systems and models that are now discredited. Does the solution really lie in more advice from the same people, or is the crisis also one of ideas, showing that we cannot understand or manage the world using only quantitative sciences, and human and political judgment still need to be central? Not only the EU, but also a technocratic model of government, is now facing a test. Success will bring great political capital for both, whereas failure will require a rethinking of the way we make rules, as well as of where we make them.
format	article
author	Gareth Davies
author_facet	Gareth Davies
author_sort	Gareth Davies
title	The Crisis Of Technocracy
title_short	The Crisis Of Technocracy
title_full	The Crisis Of Technocracy
title_fullStr	The Crisis Of Technocracy
title_full_unstemmed	The Crisis Of Technocracy
title_sort	crisis of technocracy
publisher	Amsterdam Law Forum
publishDate	2009
url	https://doaj.org/article/cac2f0e2e86a41d8bb98eeed960ff026
work_keys_str_mv	AT garethdavies thecrisisoftechnocracy AT garethdavies crisisoftechnocracy
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The Crisis Of Technocracy

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