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In: Challenge: the magazine of economic affairs, Band 50, Heft 3, S. 107-112
ISSN: 1558-1489
In: The American journal of economics and sociology, Band 66, Heft 2, S. 267-288
ISSN: 1536-7150
Abstract. Economists' credibility has been waning in recent years. Critics usually cite the profession's preoccupation with abstract reasoning and its focus on seemingly irrelevant topics that hold little interest for individuals outside the discipline. While economic science has enormous potential for improving living standards, the profession's adverse reputation is indicative of a discipline seemingly void of any social contribution. This article presents the results of a recently conducted survey of professional economists. The survey was undertaken to ascertain economists' opinions of their own professional work, including the progress of economic research, its usefulness for society, and factors that determine the publication of that research.