The process through which theory flows into concrete decisions in economic policy is very complicated and differs from country to country.
Leaders of this phenomenon are all those institutional, social, political, religious “intermediate corps” that produces scales of values among the general aims of economic policy.
Economical theories are at the top of this process.
The role played by the economists’ professional associations on their reviews, the specialized dictionaries, their contribution to daily press, their role inside the elective assemblies, or the presence of economists inside parties or business organizations on top of the central bank, have great importance in this work.
These are other ways to create that unintentionally common “economic culture”, which affects the choices in economic policy.
All these studies have a remarkable relevance to the historian of the economical thought and to the economist: today they still have something to say about it.PDF format