Epstein Folbre

Folbre on NPR’s Marketplace: Ethics for economists

Nancy Folbre

Nancy Folbre, UMass Amherst economics professor, discusses the need for economists to maintain a high level of ethics when commenting on the current economic situation. She cites research by UMass colleague, Gerald Epstein, which found that prominent academic economists didn’t always disclose their work outside of academia, such as investing in or advising for-profit businesses, and that the lack of transparency can lead to suspicion surrounding their policy recommendations. Folbre suggests this may be preventable by adopting a code of ethics. (Marketplace [NPR], 2/22/11)  Listen to the audio

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