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Economics Laureatesâ€™ Responses to Questionnaire on Ideological Migration

In: Econ Journal Watch 10 (2013) 3, pp. 1-1

The project called “The Ideological Migration of the Economics Laureates” fills the September 2013 issue of this journal. In doing the project the investigators emailed the living laureates with a questionnaire asking them of their ideological character and outlook over time. The document...

Persistent link: https://www.econbiz.de/10011133024

The Increasingly Libertarian Milton Friedman: An Ideological Profile

Ebenstein, Lanny - In: Econ Journal Watch 11 (2014) 1, pp. 81-96

This article traces the evolution of Milton Friedman’s ideological views over the course of his adult life. It finds the evolution to be from a moderate liberalism to a definite classical liberalism and then, during the last 50 years of his life, to an increasingly robust libertarianism....

Persistent link: https://www.econbiz.de/10010735669

Where Is the Next Rose Director?

Blundell, John - In: Econ Journal Watch 10 (2013) 2, pp. 162-166

Rose Friedman (née Director), the Chicago-trained economist, was a very important contributor to Milton Friedman’s scholarly output, popular writings, and television series. His remarkable role in society was to a significant extent a joint role from which she cannot be separated.

Persistent link: https://www.econbiz.de/10011019963

The Moral Narratives of Economists

Randazzo, Anthony; Haidt, Jonathan - In: Econ Journal Watch 12 (2015) 1, pp. 49-57

Moral narratives have a substantive effect on the research conclusions of economists. This is one of the findings from … a recent survey of economists that we conducted, which found a relationship between views on empirical economic … propositions and moral judgments. This finding may help to answer the question this symposium asks: Why don’t U.S. economists ever …

Persistent link: https://www.econbiz.de/10011152475

Yes, There Are Hayekian Welfare States (At Least in Theory)

Bergh, Andreas - In: Econ Journal Watch 12 (2015) 1, pp. 22-27

The neoclassical problem of distortionary taxation and the Hayekian knowledge problem are two different lines of argumentation against government interventions. When it applies, the Hayekian argument against government intervention is stronger than the neoclassical argument, because...

Persistent link: https://www.econbiz.de/10011152476

Two Ideological Ships Passing in the Night

Higgs, Robert - In: Econ Journal Watch 12 (2015) 1, pp. 36-41

Mainstream academic economists fall disproportionately into two opposing groups. In one of these groups, the members … different personal and professional identities. Economists who see nearly every real-world market as ‘failing’ naturally tend to …

Persistent link: https://www.econbiz.de/10011152477

Unhelpful Abstractions and the Standard View

Sunstein, Cass R. - In: Econ Journal Watch 12 (2015) 1, pp. 68-71

It is not fruitful to puzzle over the question whether economists and others ‘favor’ or ‘lean’ toward the regulatory or …

Persistent link: https://www.econbiz.de/10011152478

Do Welfare State Liberals Also Love Regulation?

Baker, Dean - In: Econ Journal Watch 12 (2015) 1, pp. 15-21

This essay takes issue with the idea that liberals are necessarily enamored with either regulation or large government programs. It argues that regulations to protect workers and consumers become necessary in a context where the rules have been written to disadvantage them. Different rules can...

Persistent link: https://www.econbiz.de/10011152479

The Strange Career of Regulation in the Welfare State

Cohen, Marjorie Griffin - In: Econ Journal Watch 12 (2015) 1, pp. 28-35

This paper argues that the welfare state and regulation are not inevitably in harmony. In the post-Keynesian period of ‘austerity,’ the tendency is for state regulation to focus more on supporting market-creating activities of capital than of market-controlling features that would protect...

Persistent link: https://www.econbiz.de/10011152480

Differences of Opinion Among Economists About Government and Market Efficacy

Kling, Arnold - In: Econ Journal Watch 12 (2015) 1, pp. 42-48

Economists view activist government policy and social insurance as potentially protecting individuals from risks and … from market failure. Perhaps differences among economists in support for activist government policy in social insurance and … regulation reflect differences in beliefs about the relative efficacy of government and markets. Economists for whom market …

Persistent link: https://www.econbiz.de/10011152482