Adam T. Bradley

Posts in category “economics”

The study of money is the root of all evil

All these findings correspond with a substantial body of research in the economic literature, which, with the help of surveys, laboratory experiments, as well as field experiments showed that those who learn about markets (economists) or act in markets (businessmen) are lacking in … ‘pro-social behavior’ … I also use corruption as a proxy to show whether there are any differences in pro-social behavior between economists and non-economists, but unlike them, I observe behavior outside the artificial situation of a laboratory. By analyzing real world data of the U.S. Congress, I found that politicians holding a degree in economics are significantly more prone to engage in corrupt practices.

René Ruske, “Does Economics Make Politicians Corrupt? Empirical Evidence from the United States Congress