Tuesday, June 08, 2010

A Little Bit Of Knowledge Is A Dangerous Thing

It's something I've long said about economics. In my experience, though things could have changed since then, academic economists tended to be archetypal Republican of yore on lots of economic issues, but were still often Democrats as they went into the social sciences because they actually cared about solving certain problems even if they were skeptical of using government interventions to do so. For example, you can be concerned about poverty yet still be skeptical that a minimum wage increase is a good way to deal with it.

Having said that, for various reasons the public faces of economics, which consists of many who aren't actual academic economists, are overwhelmingly conservative causing the public to have rather skewed view of what "economists" think about things.