What does the public know about economic policy, and how does it know it?
An edition of What does the public know about economic policy, and how does it know it? (2004)
By Alan S. Blinder
Publish Date
2004
Publisher
National Bureau of Economic Research
Language
eng
Pages
-
Description:
"Public opinion influences politicians, and therefore influences public policy decisions. What are the roles of self-interest, knowledge, and ideology in public opinion formation? And how do people learn about economic issues? Using a new, specially-designed survey, we find that most respondents express a strong desire to be well informed on economic policy issues, and that television is their dominant source of information. On a variety of major policy issues (e.g., taxes, social security, health insurance), ideology is the most important determinant of public opinion, while measures of self-interest are the least important. Knowledge about the economy ranks somewhere in between"--National Bureau of Economic Research web site.