Year-End Report of the Fourth District Economists' Roundtable
Although economists share a common science, their roles in society vary a great deal. Academic economists expand our understanding of the purpose and operation of markets. Government economists use this knowledge to guide policies. And business economists apply these principles to enterprise.
The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.