Samuel Bowles, Wendy Carlin, Sahana Subramanyam
Commentary on the 2024 US elections included the Democratic Party’s failure to connect with issues of community, place, family, religion, and identity. This column presents evidence from research papers published in the top economics journals since 1900 showing that half a century ago, economists took a little noticed turn towards precisely these topics. The authors document this shift and show that it was associated with novel empirical methods including experiments, large data sets, and an increasing focus on social norms and strategic interactions – including the exercise of power.
Πηγή: Voxeu