Several years ago, Greg Mankiw posted on a column by Robert Whaples in which he “surveys PhD members of the American Economic Association and finds substantial agreement on a wide range of policy issues” from free trade to educational vouchers.
The information below shows his findings:
- 87.5 percent agree that “the U.S. should eliminate remaining tariffs and other barriers to trade.”
- 85.2 percent agree that “the U.S. should eliminate agricultural subsidies.”
- 85.3 percent agree that “the gap between Social Security funds and expenditures will become unsustainably large within the next fifty years if current policies remain unchanged.”
- 77.2 percent agree that “the best way to deal with Social Security’s long-term funding gap is to increase the normal retirement age.”
- 67.1 percent agree that “parents should be given educational vouchers which can be used at government-run or privately-run schools.”
- 65.0 percent agree that “the U.S. should increase energy taxes.”
And, finally, the topic that generates the most consensus:
- 90.1 percent disagree with the position that “the U.S. should restrict employers from outsourcing work to foreign countries.
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Click here to view the data.