Policymaking must become more empathetic rather than continuing its current overreliance on economic measures

In many cases policymaking is conducted without engaging with the public. It is economic measures, rather than any official public consultation, that inform monetary policy, for example. But does this contribute to the perception of policymakers as “out of touch”? Emmanuel Lee argues that policymaking must become more empathetic, with aggregate economic measures often failing to accurately reflect the wellbeing […]