Drawing on the work of people with strong mainstream reputations, we distinguish model and theory. We argue that a model may qualify as theory only if it purports to answer three questions: Theory of what?, Why should we care?, What merit in your explanation? We examine the 66 regular articles...

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.

This is a reprint of a brief essay originally published in 1951. Hayek looks back on the age of liberalism and its collapse. During the generations of growing darkness, there were a few figures who bridged the age of liberalism and the postwar revival of its ideas and values. Hayek identifies...

A sample of 299 U.S. economics professors responded to our 2010 survey. This paper reports on their views on 17 policy issues. We relate attitude toward liberalization to political-party voting. Abortion and occupational licensing are among the questions novel to the survey. We also look at...

This article is a reflection on the question of whether economists have a tendency to become more classical liberal as they age. It was written in my “overseer role” on a project led by Daniel Klein on the ideological migration of the 71 individuals awarded the Nobel Prize in economic...

The project “The Ideological Migration of the Economics Laureates” fills the September 2013 issue of Econ Journal Watch. The project provides profiles of each of the 71 individuals who, from 1969 through 2012, won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel....

We have created an online questionnaire that queries the respondent about whether the policy of pre-market of approval of drugs and devices has behind it any market-failure rationale. The questionnaire interactively interviews the respondent, making a virtual conversation. The point of the...

This is a comment on Buturovic and Klein (2010), “Economic Enlightenment in Relation to College-going, Ideology, and Other Variables: A Zogby Survey of Americans”.

This is a comment on Buturovic and Klein (2010), “Economic Enlightenment in Relation to College-going, Ideology, and Other Variables: A Zogby Survey of Americans”.

This is a comment on Buturovic and Klein (2010), “Economic Enlightenment in Relation to College-going, Ideology, and Other Variables: A Zogby Survey of Americans”.