Surprisingly, yes, at least for this group of U Mass Amherst students.
We find no discernible effect of studying economics (whatever the course content) on self-interest or beliefs about others’ self-interest. Results on policy preferences also point to little effect, except that economics may make students somewhat less opposed to highly restrictive immigration policies.
This is from the abstract of Daniele Girard, Sai Madhurika Mamunuru, Simon D. Halliday, and Samuel Bowles, “Does economics make you selfish?”
Notice that I’m not focusing on the authors’ main findings, which have to do with the students’ behavior in various economic games. Instead, I’m focusing on the effect of taking economics on students’ positions on economic policy.
Here is the particular statement about immigration that students were asked to respond to:
Immigrants from other countries should be prohibited except where it can be shown that they will contribute to the quality of life of the current resident population.
I’m focusing this way for two reasons. First, I find the issue of the effect on students’ policy positions more interesting. And in this case, unfortunately, depressing. Second, some of the ways the authors test the effect of taking economics on students’ generosity are flawed in a way that Steven Landsburg has pointed out (and also here): you can’t measure people’s generosity by their willingness to give away other people’s money.
READER COMMENTS
Christophe Biocca
Aug 20 2021 at 6:01pm
From the paper:
Which falls short of the < 0.05 threshold normally used. That they report it at all (ie. that they use the non-adjusted significance numbers in order to get below the “magic” threshold) seems to be due to not wanting to report a complete null result.
Noise mining at its finest.
Thomas Lee Hutcheson
Aug 20 2021 at 8:03pm
How was a “yes” coded? I’d say the typical economist (don’t know about students) would say that immigrants would almost always contribute to the welfare of residents (complementarity of labor, economies of scale) so the “except” restricts very few immigrants.
David Henderson
Aug 21 2021 at 10:48am
Good point. As with many of these studies based on questionnaires, there wasn’t much nuance. That’s one of the problems with questionnaires.
Alexandre Padilla
Aug 21 2021 at 2:53pm
David Henderson
Aug 21 2021 at 4:28pm
I didn’t see Tyler’s post. I saw it mentioned on Greg Mankiw’s blog.
TMC
Aug 23 2021 at 9:38am
Training in economics reminds you there is a ‘cost’ in the cost/benefit equation. Many immigrants in an open border environment would have a higher cost than benefit number. I’m all for more immigration if it could be at least break even.
Jon Murphy
Aug 24 2021 at 11:24am
The empirical research points in the other direction: opening borders results is a significant net benefit.
nobody.really
Sep 15 2021 at 5:31pm
I agree with you both. I share Murphy’s view about the net benefits of immigration. And I share TMC’s view that “Many immigrants in an open border environment would have a higher cost than benefit number.” In other words, some individual immigrants would likely generate greater social costs than benefits, and an open boarder environment would likely generate many of those individuals, even if they represented a small portion of the overall number of immigrants.
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