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  The Superiority of Economists

Fourcade, M., Ollion, E., & Algan, Y. (2014). The Superiority of Economists. MaxPo Discussion Paper, (14/3).

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 Creators:
Fourcade, Marion1, 2, Author           
Ollion, Etienne3, Author
Algan, Yann4, Author
Affiliations:
1Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo), Max Planck Society, ou_1631137              
2University of California, Berkeley, CA, USA, ou_persistent22              
3Centre National de la Recherche Scientifique, University of Strasbourg, France, ou_persistent22              
4Sciences Po, Paris, France, ou_persistent22              

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 Abstract: In this essay, we investigate the dominant position of economics within the network of the social sciences in the United States. We begin by documenting the relative insularity of economics, using bibliometric data. Next we analyze the tight management of the field from the top down, which gives economics its characteristic hierarchical structure. Economists also distinguish themselves from other social scientists through their much better material situation (many teach in business schools, have external consulting activities), their more individualist worldviews, and in the confidence they have in their discipline’s ability to fix the world’s problems. Taken together, these traits constitute what we call the superiority of economists, where economists’ objective supremacy is intimately linked with their subjective sense of authority and entitlement. While this superiority has certainly fueled economists’ practical involvement and their considerable influence over the economy, it has also exposed them more to conflicts of interests, political critique, even derision.

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Language(s): eng - English
 Dates: 2014
 Publication Status: Published in print
 Pages: IV, 24
 Publishing info: Paris : MaxPo
 Table of Contents: Introduction
Insularity
Hierarchy within
Getting a job
Getting published
Getting together
Friends in high places
The rise of finance
The B-School connection
A life of their own
Conclusion: Humble, competent people?
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Title: MaxPo Discussion Paper
Source Genre: Series
 Creator(s):
Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo), MPI for the Study of Societies, Max Planck Society, Editor              
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Pages: - Volume / Issue: (14/3) Sequence Number: - Start / End Page: - Identifier: ISSN: 2196-6508
ISSN: 2197-3075