Are Economists Influenced by Their Moral Worldviews? Evidence from the Moral Foundations of Economists Questionnaire

31 Pages Posted: 9 Dec 2015 Last revised: 11 Dec 2015

See all articles by Anthony Randazzo

Anthony Randazzo

Reason Foundation

Jonathan Haidt

New York University (NYU) - Leonard N. Stern School of Business

Date Written: December 8, 2015

Abstract

Is it possible to use the moral judgments of economists to predict their findings on positive, empirical economic propositions? We consider this question using data we collected using a questionnaire of positive and normative economic propositions, as well as a series of propositions used for measuring moral intuitions. Our analysis of economists’ responses to this survey suggests that moral intuitions have a significant influence on substantive, empirical conclusions via the same channels by which moral intuitions shape normative worldviews. We conclude that the long-recognized line between positive and normative analysis is much blurrier than widely understood.

Keywords: Economists, Psychology, Moral Economics, Normative Economics, Positive Economics, Political Economy, Moral Foundations

JEL Classification: A11, A13, B40, B59

Suggested Citation

Randazzo, Anthony and Haidt, Jonathan, Are Economists Influenced by Their Moral Worldviews? Evidence from the Moral Foundations of Economists Questionnaire (December 8, 2015). Available at SSRN: https://ssrn.com/abstract=2700889 or http://dx.doi.org/10.2139/ssrn.2700889

Anthony Randazzo (Contact Author)

Reason Foundation ( email )

United States

HOME PAGE: http://moraleconomist.com

Jonathan Haidt

New York University (NYU) - Leonard N. Stern School of Business ( email )

NYU-Stern School of Business
44 West 4th Street
New York, NY NY 10012
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
316
Abstract Views
1,721
rank
95,203
PlumX Metrics