James Mackintosh

Economists often seem to be living in a different world, not least when their forecasts of future recessions – or more precisely the lack of them – are examined.

Now two economists have confirmed that economists are on a quite different plane to the rest of the population, by exploring their views on policy issues facing America. Two Chicago-based finance professors, Paola Sapienza of Northwestern and Luigi Zingales of Chicago Booth, tried to identify issues on which economists generally agreed.