Greg
Mankiw gets a mash note from a medical student asking: why
are economists so great? They’re
better in seminars, the student gushes, they’re aggressive and probing, they’re
all business and no cant. The student
then asks an economist – not Mankiw – if he knows why economists are so
great. The economist is happy to
answer. It turns out:
- Economists
have higher test scores than everybody else
- Economists
go to better graduate programs than everybody else
- Economists
get their jobs through a market that works better than everybody else’s
- Economists
aren’t advocates, most everybody else is
It’s
a charming, modest takeaway. But there’s
no question that economists are well trained social scientists, with plenty of
math and a confident professional ethos. Economists are also good in workshops – and I occasionally think that
the old law professor credo of “have a theory about anything and speak in full
paragraphs rich with prosody” is less popular in the interdisciplinary seminar
rooms of our universities now that economists are coming too, and biting into
the confounders and omitted variables.
So maybe economists are totally awesome. I bet Mankiw thinks so. But at least he’s cute about it. Economists may crush all comers in seminars, Mankiw thinks, because "economics may attract people with a particular set of personality attributes, and perhaps these attributes are not the same set of attributes you might choose for your next dinner party.”
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