Utopia, you are standing in it!
The left-wing bias of economists must be taken into account in public policy-making. Any suggestions to regulate the economy, spend our way out of a recession, increase the top tax rate and so on must be discounted for that well-known but little publicised political bias.
Source: Economists Aren’t As Nonpartisan As We Think | FiveThirtyEight
As is not well-known enough, Cardiff and Klein (2005) used voter registration data to rank disciplines at Californian Ivy League universities by Democrat to Republican ratios. Economics is the most conservative social science, with a Democrat to Republican ratio of a mere 2.8 to 1. This can be contrasted with sociology (44 to 1), political science (6.5 to 1) and anthropology (10.5 to 1). 40% of Americans are Democrats, 32% are independents with the balance Republicans.
Zubin Jelveh, Bruce Kogut, and Suresh Naidu confirmed that bias: that the typical economist is a moderate Democrat. They…
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