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Thread: A left wing discipline

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    Scucca Ęthelfrith's Avatar
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    A left wing discipline

    We know that most Economists in the US are Democrat and reject free market economics. We also know that right wing economics has been demolished as a failure: e.g. supply side economics; monetarism.

    Is Economics now the science of the left?

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    Quote Originally Posted by Ęthelfrith View Post
    We know that most Economists in the US are Democrat and reject free market economics. We also know that right wing economics has been demolished as a failure: e.g. supply side economics; monetarism.

    Is Economics now the science of the left?
    Economics schools are far more likely than many other fields to have conservative professors. For example the Democrat to Republican ratio is dramatically higher in Psychology, Law, History and Journalism than in Economics. And studying economics is associated with significantly greater likelihood of being fiscally conservative and Republican. That said, economics professors are still 4-5 times more likely to be Democrats than Republicans, so if Economics is actually on the conservative side relative to other fields' professors' political orientations, what does that tell you?

    It tells you what we already know, which is that higher education is completely overtaken by left wing elitism, taught overwhelmingly by partisan liberal academics who have spent their entire lives there, many of whom use their foundation in research to pass off their ideological partisan bias as if it were measurable objective fact.

    Central to this problem though is also the GOP's decades-long pandering to science-denying religious imbeciles. Conservatives won't regain any real voice or presence in academia until the country's major conservative party stops associating itself with the type of thought that denies evidence and avoids pursuit of knowledge in attempt to preserve ancient myths as a means of understanding the world.

    Your thread does make me chuckle though. "Look at me! I'm a liberal economist! Vote like I do or you're factually incorrect!"
    Last edited by Neomalthusian; 11th September 2017 at 10:00 PM.

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    Swamper chaos's Avatar
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    There is no science to government creating currency out of thin air, then cherry-picking which companies get a subsidy or bailout. Economists have no way to predict accurately when every currency is being manipulated.

    All government does is to throw crap at the wall to see what sticks.
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    Scucca Ęthelfrith's Avatar
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    Quote Originally Posted by Neomalthusian View Post
    Economics schools are far more likely than many other fields to have conservative professors. For example the Democrat to Republican ratio is dramatically higher in Psychology, Law, History and Journalism than in Economics. And studying economics is associated with significantly greater likelihood of being fiscally conservative and Republican. That said, economics professors are still 4-5 times more likely to be Democrats than Republicans, so if Economics is actually on the conservative side relative to other fields' professors' political orientations, what does that tell you?
    It tells me that the majority of economists disagree with your market fundamentalism, but you're not keen on admitting it.

    It tells you what we already know, which is that higher education is completely overtaken by left wing elitism, taught overwhelmingly by partisan liberal academics who have spent their entire lives there, many of whom use their foundation in research to pass off their ideological partisan bias as if it were measurable objective fact.
    Academia certainly isn't comfortable with right wing authoritarianism. That authoritarianism is more suited to a post-truth society.

    Central to this problem though is also the GOP's decades-long pandering to science-denying religious imbeciles. Conservatives won't regain any real voice or presence in academia until the country's major conservative party stops associating itself with the type of thought that denies evidence and avoids pursuit of knowledge in attempt to preserve ancient myths as a means of understanding the world.
    No attempt to refer to a right wing economic school of thought and suggest relevance?

    Your thread does make me chuckle though. "Look at me! I'm a liberal economist! Vote like I do or you're factually incorrect!"
    Technically liberal isn't correct. Even within neoclassical economics, there are hidden heterodox types...

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    Galactic Ruler Spookycolt's Avatar
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    It seems the economy is doing just fine with the right in control, not sure about this fail you are talking about.

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    Scucca Ęthelfrith's Avatar
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    Quote Originally Posted by Spookycolt View Post
    It seems the economy is doing just fine with the right in control, not sure about this fail you are talking about.
    Technically nothing has changed: the US is neoliberal. Of course that leads to problems ranging from low real wage growth, high working poverty and the risk of economic collapse...
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    Galactic Ruler Spookycolt's Avatar
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    Quote Originally Posted by Ęthelfrith View Post
    Technically nothing has changed: the US is neoliberal. Of course that leads to problems ranging from low real wage growth, high working poverty and the risk of economic collapse...
    So Trump hasn't brought in right wing economics then.

    I fail to see the issue here.

    How about you wait until he does before complaining?

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    Scucca Ęthelfrith's Avatar
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    Quote Originally Posted by Spookycolt View Post
    So Trump hasn't brought in right wing economics then.
    You do realise there is a distinction between politicians and economists? This is essentially a thread about economic schools of thought

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    Quote Originally Posted by Ęthelfrith View Post
    It tells me that the majority of economists disagree with your market fundamentalism, but you're not keen on admitting it.
    Yeah not keen on admitting that a majority of economics professors are Democrats right after I stated that 4 out of 5 economics professors are Democrats. What I also pointed out however is that economics is actually relatively conservative relative to many other college fields of study. And you didn't acknowledge that.

    I am also not a market fundamentalist. You make a weak thread even weaker with straw man arguments like that.

    Academia certainly isn't comfortable with right wing authoritarianism. That authoritarianism is more suited to a post-truth society.
    No one is peddling authoritarianism here. Straw man #2.

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    Veteran Member Madeline's Avatar
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    Quote Originally Posted by Ęthelfrith View Post
    We know that most Economists in the US are Democrat and reject free market economics. We also know that right wing economics has been demolished as a failure: e.g. supply side economics; monetarism.

    Is Economics now the science of the left?
    Science has no political philosophy. If economics is that malleable, it is not science.

    If it is a source of ascertainable facts and repeatable theories, etc. then the outcomes are what they are, regardless of whose ox gets gored.
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