Ethics for Economists

The Friday File: US academic economists (but not econ bloggers) are adopting a code of ethics requiring them to disclose conflicts of interest by reporting research-funding sources and material financial relationships. This is partly motivated by the documentary “Inside Job” winner of an Academy Award that highlighted the undisclosed consulting relationships of several very influential economists. While it’s regulation, it will reduce the incentive to profit from deception, thus improving information quality.

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