The GMU Difference
By Bryan Caplan
How are GMU economists different from normal economists? Many ways, but here’s one that’s struck me lately:
Them: Impossibly high intellectual standards for a handful of high-status research questions – and embarrassingly low intellectual standards for all other questions.
Us: Reasonably high intellectual standards for everything we say and think.
Random application: Many elite economists scorn OLS econometrics, but see no shame in publicly defending politicians who couldn’t explain the difference between a mean and a median.