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Consensus Among Economists: Revisited

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Author Info
Dan Fuller () (Weber State University)
Doris Geide-Stevenson (Weber State University)
Abstract

The authors explore consensus among economists on specific propositions on the basis of a fall 2000 survey of American Economic Association members. Because some propositions are drawn from earlier studies, the results illustrate the dynamics of opinion within the profession. The authors generally find consensus within the profession, although the degree of consensus varies between propositions that are international, macroeconomic, and microeconomic in nature. Consensus is particularly strong for propositions of free international trade and capital flows. In contrast, macroeconomic propositions exhibit a lower degree of consensus, partly because of increased agreement with monetarist and supply-side propositions over time. The profession displays substantial skepticism concerning claims of the “New Economy.â€

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Publisher Info
Article provided by Helen Dwight Reid Foundation in its journal The Journal of Economic Education.

Volume (Year): 34 (2003)
Issue (Month): 4 ()
Pages: 369-387
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Handle: RePEc:jee:journl:v:34:y:2003:i:4:p:369-387

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Related research
Keywords: changes in opinion; consensus; economists’ views;

Find related papers by JEL classification:
A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Ricketts, Martin & Shoesmith, Edward, 1992. "British Economic Opinion: Positive Science or Normative Judgment?," American Economic Review, American Economic Association, vol. 82(2), pages 210-15, May. [Downloadable!] (restricted)
  2. Dale W. Jorgenson & Kevin J. Stiroh, 2000. "Raising the Speed Limit: U.S. Economic Growth in the Information Age," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 31(2000-1), pages 125-236. [Downloadable!]
    Other versions:
  3. Victor R. Fuchs & Alan B. Krueger & James M. Poterba, 1998. "Economists' Views about Parameters, Values, and Policies: Survey Results in Labor and Public Economics," Journal of Economic Literature, American Economic Association, vol. 36(3), pages 1387-1425, September. [Downloadable!] (restricted)
  4. Alan B. Krueger, 2001. "Teaching the Minimum Wage in Econ 101 in Light of the New Economics of the Minimum Wage," Journal of Economic Education, Helen Dwight Reid Foundation, vol. 32(3), pages 243-258. [Downloadable!]
  5. Whaples, Robert, 1995. "Where Is There Consensus Among American Economic Historians? The Results of a Survey on Forty Propositions," The Journal of Economic History, Cambridge University Press, vol. 55(01), pages 139-154, March. [Downloadable!]
  6. Dan A. Fuller & Richard M. Alston & Michael B. Vaughan, 1995. "The Split between Political Parties on Economic Issues: A Survey of Republicans, Democrats, and Economists," Eastern Economic Journal, Eastern Economic Association, vol. 21(2), pages 227-238, Spring. [Downloadable!]
  7. Frey, Bruno S, et al, 1984. "Consensus and Dissension among Economists: An Empirical Inquiry," American Economic Review, American Economic Association, vol. 74(5), pages 986-94, December. [Downloadable!] (restricted)
  8. Kearl, J R, et al, 1979. "A Confusion of Economists?," American Economic Review, American Economic Association, vol. 69(2), pages 28-37, May. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Michael E. S. Hoffman, 2005. "Politico-Economic Determinants of American Trade Policy Attitudes," International Trade 0510017, EconWPA. [Downloadable!]
  2. Alan S. Blinder & Alan B. Krueger, 2004. "What Does the Public Know about Economic Policy, and How Does It Know It?," NBER Working Papers 10787, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Roderick Hill & Anthony Myatt, 2007. "Overemphasis on Perfectly Competitive Markets in Microeconomics Principles Textbooks," Journal of Economic Education, Helen Dwight Reid Foundation, vol. 38(1), pages 58-77. [Downloadable!]
  4. Hristos Doucouliagos & T.D. Stanley, 2008. "Theory Competition and Selectivity: Are All Economic Facts Greatly Exaggerated?," Economics Series 2008_06, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance. [Downloadable!]
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This page was last updated on 2009-11-25.


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