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A Little More Liberty: What the _JEL_ Omits in Its Account of What the Economic Report of the President Omits

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  • Daniel B. Klein
  • Michael J. Clark

Abstract

The classical liberal character of economics emerged in the eighteenth century, notably with Adam Smith’s view that politics is prone to an under-appreciation the relative virtues of natural liberty. Smith centered political economy on the presumption of liberty. The Journal of Economic Literature published a review of The Economic Report of the President. Five authors writing separately raised numerous omissions in The Economic Report of the President. The authors do not suggest as worthy reform a single ERP-omitted potential liberalization. The review shows little trace of the Smithian character.

Suggested Citation

  • Daniel B. Klein & Michael J. Clark, 2006. "A Little More Liberty: What the _JEL_ Omits in Its Account of What the Economic Report of the President Omits," Econ Journal Watch, Econ Journal Watch, vol. 3(3), pages 466-483, September.
    • Handle: RePEc:ejw:journl:v:3:y:2006:i:3:p:466-483
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    References listed on IDEAS

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    1. Mark Thornton, 2004. "Prohibition vs. Legalization: Do Economists Reach a Conclusion on Drug Policy?," Econ Journal Watch, Econ Journal Watch, vol. 1(1), pages 82-105, April.
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    5. William A. McEachern, 2006. "AEA Ideology: Campaign Contributions of American Economic Association Members, Committee Members, Officers, Editors, Referees, Authors, and Acknowledgees," Econ Journal Watch, Econ Journal Watch, vol. 3(1), pages 148-179, January.
    6. Dan Fuller & Doris Geide-stevenson, 2003. "Consensus Among Economists: Revisited," The Journal of Economic Education, Taylor & Francis Journals, vol. 34(4), pages 369-387, December.
    7. Daniel B. Klein, 2006. "Sense and Sensibilities: Myrdal's Plea for Self-Disclosure and Some Disclosures on AEA Members," Econ Journal Watch, Econ Journal Watch, vol. 3(1), pages 180-205, January.
    8. Ronald H. Coase, 1999. "Economists and Public Policy," Palgrave Macmillan Books, in: Daniel B. Klein (ed.), What do Economists Contribute?, chapter 3, pages 33-52, Palgrave Macmillan.
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    Cited by:

    1. Daniel B. Klein & Harika Anna Barlett, 2008. "Left Out: A Critique of Paul Krugman Based on a Comprehensive Account of His New York Times Columns, 1997 through 2006," Econ Journal Watch, Econ Journal Watch, vol. 5(1), pages 109-133, January.

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    More about this item

    Keywords

    Economic Report of the President; Journal of Economic Literature; public policy; omission; status quo; presumption of liberty;
    All these keywords.

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government

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