Titlebook: British Think Tanks After the 2008 Global Financial Crisis; Marcos González Hernando Book 2019 The Editor(s) (if applicable) and The Autho

Awning

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,The Adam Smith Institute: The Free Market’s Praetorian Guard,ght to change their image as an overly-ideological organisation and their relatively marginal position in an ever more crowded centre-right. To achieve that, they began advocating for ‘Bleeding-heart Libertarianism’: the idea that free markets should be defended not for a priori reasons, but because they provide the greatest welfare for all.

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Thinking Under Pressure: Think Tanks and Policy Advice After 2008,clarifies how the book understands think tanks as a research object, and their relevance for detecting broader changes in the way that the public policy debate has evolved since 2008. It ends by presenting the four case studies this book comprises and outlining why they were selected.

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The New Economics Foundation: Crisis as a Missed Opportunity,nmentalism—in an adverse political environment that prioritised public deficit reductions through cuts to social spending. In that context, and in order to challenge the public understanding of economics, NEF began to argue for a reframing of how we understand the economy.

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Thinking Under Pressure: Think Tanks and Policy Advice After 2008,ey sought to position themselves as experts in the context of a perceived failure of expertise, the 2008 global financial crisis. This is followed by an overview of the institutional characteristics of British think tanks, their history, and the relevant literature on the subject. This chapter also

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How Thinking Takes Place in Think Tanks,n think tanks, especially in conversation with three approaches: Thomas Medvetz’s Bourdieusian framework; the sociology of intellectuals and knowledge; and Neoinstitutionalism. Secondly, based on the above, this chapter introduces the research methodology employed throughout the rest of this book, w

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The New Economics Foundation: Crisis as a Missed Opportunity,vocated against financial deregulation since its founding days, NEF found itself in a privileged position to expand the reach of their ideas after the financial crisis. However, NEF was also beset by internal tensions—especially between Keynesian pro-growth policy proposals and their focus on enviro

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,The Adam Smith Institute: The Free Market’s Praetorian Guard,eral thought in Britain in the 1970–1980s. However, come 2008, they found that many of their ideas were increasingly challenged and believed to have caused the crisis by the left. They responded by mounting a spirited defence of deregulation, blaming the state, regulation, and central banks for the