Matt Yglesias tells us that: "MediaMatters takes a look and finds that only five percent of guests brought on cable to talk about the stimulus package were economists."
Given that, I wonder what percent are liberal economists? My guess is only about one in five, for there just aren't that many of us. Which means, if you're liberal, and thinking about future career choices, why not economics?
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Maybe because economics is based on facts and theories that actually work. Planned economic systems don't work. The fall of the USSR and the movement of China to free markets is practical evidence. The slow growth of socialised free markets in Western Europe is even more evidence.
ReplyDeleteLiberal and economics is an oxymoron.