Month: November 2019

…And More Change

In my most recent post, I summarized the recent “professional climate” report by the American Economics Association (AEA). This report surveyed the association’s members about sexism, racism, and other actions that were reflecting badly on economics on a profession and on the AEA itself.

There were many fascinating outcomes in the report, as detailed in the earlier post. But there’s one more set of results that I also want to mention. The report’s authors were curious as to how the “professional climate” they uncovered compared to the “climate” in other academic associations. So they identified similar surveys that had recently been conducted by similar organizations, and compared the results of those surveys to theirs.

The comparisons are presented in the report with the warning that the survey questions were not identical in every survey, that some of the guidelines for the surveys were different (e.g. the length of thetime period that the respondents were asked to report on), and that the characteristics of the respondents (such as gender and age distribution) were not consistent across the surveys.

However, even at a broad general level, the comparisons are very interesting. Here’s a quick summary, (more…)

Economics and Change

Esther Duflo has been chosen as one of the three winners of the 2019 Nobel Prize in economics. Duflo, a professor at the Massachusetts Institute of Technology (MIT), was recognized for her research that explores how conditions of poverty can be most effectively addressed using economic principles. For example, a research paper she co-authored looks at whether giving high school scholarships, in a developing country that charges tuition fees for high school education, can affect students’ future educational opportunities and employment income.

In the words of the Nobel award committee, Duflo’s research is exceptional because of its “experimental approach to alleviating global poverty”. Duflo is the youngest winner to ever received the award, and is also only the second female winner.

The gender imbalance between male and female Nobel economics laureates is not surprising, since only 14% of university economics professors are women. But, ironically, Duflo’s win occurred just a few weeks after the release of a troubling report by the American Economic Association (AEA), the largest international association of economists. The report described a problematic “professional climate” in economics.

Several recent events, including a professor being elected to the AEA executive despite being accused of harassing employees and students, caused the AEA, and the economics profession in general, to be (more…)