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"Our survey data shows that responses to moral propositions can be used to predict responses to empirical (positive) economic theory propositions. For example, how much importance an economist assigns to the moral foundation of “care” predicts view son whether austerity is good or bad for economic growth, whether a single-payer healthcare system would reduce national healthcare costs or not,whether minimum wage laws benefit or harm workers, and whether or not national debt and déficits adversely affect economic growth.
Collectively, this data shows that economists’ substantive conclusions about the workings of the economy are suspiciously correlated with their moral values." (p.53)
-Anthony Randazzo and Jonathan Haidt, The Moral Narratives of Economists, ECON JOURNAL WATCH 12(1) January 2015: 49-57.
Collectively, this data shows that economists’ substantive conclusions about the workings of the economy are suspiciously correlated with their moral values." (p.53)
-Anthony Randazzo and Jonathan Haidt, The Moral Narratives of Economists, ECON JOURNAL WATCH 12(1) January 2015: 49-57.
