Is There a Free-Market Economist in the House? The Policy Views of American Economic Association Members

26 Pages Posted: 8 Dec 2007

See all articles by Daniel B. Klein

Daniel B. Klein

Santa Clara University - Leavey School of Business

Charlotta Stern

Stockholm University - Department of Sociology; Ratio Institute

Abstract

People often suppose or imply that free-market economists constitute a significant portion of all economists. We surveyed American Economic Association members and asked their views on 18 specific forms of government activism. We find that about 8 percent of AEA members can be considered supporters of free-market principles, and that less than 3 percent may be called strong supporters. The data are broken down by voting behavior (Democratic or Republican). Even the average Republican AEA member is "middle-of-the-road," not free-market. We offer several possible explanations of the apparent difference between actual and attributed views.

Suggested Citation

Klein, Daniel B. and Stern, Charlotta, Is There a Free-Market Economist in the House? The Policy Views of American Economic Association Members. American Journal of Economics and Sociology, Vol. 66, No. 2, pp. 309-334, April 2007, Available at SSRN: https://ssrn.com/abstract=1061797 or http://dx.doi.org/10.1111/j.1536-7150.2007.00513.x

Daniel B. Klein

Santa Clara University - Leavey School of Business

500 El Camino Real
Santa Clara, CA California 95053
United States

Charlotta Stern (Contact Author)

Stockholm University - Department of Sociology ( email )

Stockholm S-106 91
Sweden

Ratio Institute ( email )

P.O. Box 3203
SE-103 64 Stockholm
Sweden

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