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Views among Economists: Professional Consensus or Point-Counterpoint?

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  • Roger Gordon
  • Gordon B. Dahl

Abstract

To what degree do economists disagree about key economic questions? To provide evidence, we make use of the responses to a series of questions posed to a distinguished panel of economists put together by the Chicago School of Business. Based on our analysis, we find a broad consensus on these many different economic issues, particularly when the past economic literature on the question is large. Any differences are unrelated to observable characteristics of the Panel members, other than men being slightly more likely to express an opinion. These differences are idiosyncratic, with no support for liberal vs. conservative camps.

Suggested Citation

  • Roger Gordon & Gordon B. Dahl, 2013. "Views among Economists: Professional Consensus or Point-Counterpoint?," NBER Working Papers 18728, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:18728
    Note: LS PE POL
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    References listed on IDEAS

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    1. Alston, Richard M & Kearl, J R & Vaughan, Michael B, 1992. "Is There a Consensus among Economists in the 1990's?," American Economic Review, American Economic Association, vol. 82(2), pages 203-209, May.
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    Cited by:

    1. Potrafke, Niklas, 2013. "Minority positions in the German Council of Economic Experts: A political economic analysis," European Journal of Political Economy, Elsevier, vol. 31(C), pages 180-187.
    2. Goodman, Joshua Samuel & Goodman, Lucas & Goodman, Sarena & Goodman, Allen C., 2014. "A Few Goodmen: Surname-Sharing Co-Authors in Economics," Scholarly Articles 22805379, Harvard University Department of Economics.
    3. O’Neill, Donal, 2015. "Divided opinion on the Fair Minimum Wage Act of 2013: Random or systematic differences?," Economics Letters, Elsevier, vol. 136(C), pages 175-178.
    4. Ha Quyen Ngo & Niklas Potrafke & Marina Riem & Christoph Schinke, 2018. "Ideology and Dissent among Economists: The Joint Economic Forecast of German Economic Research Institutes," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 44(1), pages 135-152, January.
    5. Timothy C. Haab & John C. Whitehead, 2013. "What do Environmental and Resource Economists Think? Results from a Survey of AERE Members," Working Papers 13-19, Department of Economics, Appalachian State University, revised 2015.
    6. Niklas Potrafke, 2013. "Minderheitsvoten im Sachverständigenrat: Eine politisch-ökonomische Analyse," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(09), pages 37-40, May.

    More about this item

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • H0 - Public Economics - - General
    • J0 - Labor and Demographic Economics - - General
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy

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