The rise of the top 1%. Actually, econ papers talking about top 1%. https://www.henrikkleven.com/uploads/3/7/3/1/37310663/languagetrends_slides_kleven.pdf …pic.twitter.com/VlMdBTBGEe
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Yeah, looks like it. Could also be due to increasing left-wing politics among economists.
Emil, I really appreciate you and learn a lot from your twitter, but I'm curious about how you think left-wing politics among economist is problematic in this case. Do you think they are fudging or lying/biased? What's the problem that makes you not accept their thesis?
Farzad, thanks for the kind words. I did not mean to disagree with the idea that increased interest in top 1% is a result of increased dominance of the top 1%. Economists are not particularly left-wing compared to most social sciences, AFAIK. I support intellectual diversity 1/n
as much as the next person who supports @HdxAcademy. In the case of economists, I think the think is in dire need of a big intellectual shake-up because caused by too many _right-wingers_ for many decades. It is getting increasingly left-dominated though. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=664042 …pic.twitter.com/GPRsCybAVv
Meant to say: perhaps caused by too many right-wingers for many decades -- unworkable theoretical approach with strong support for libertarian-friendly policies instead of focus on empirical realities in economic modeling, e.g. assumptions about self-interest, perfect rationality
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