Economists back Edwards for prez
By: Donnie Allison
Issue date: 1/18/08 Section: News
Last update: 1/18/08 at 6:38 AM EST
Last update: 1/18/08 at 6:38 AM EST
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William Darity, professor of public policy studies, African and African-American studies and economics, joined 33 other economists from various institutions in endorsing a statement that calls the former North Carolina senator the candidate who "has best demonstrated the capacity and the policies to be the next president of the United States."
The group, known as Economists for Edwards, was recruited by James Galbraith, professor of government at the University of Texas at Austin.
Galbraith said he started the group after an article in The New York Times claimed, "[Edwards'] populist bent helps explain why only one high-profile economist... has joined the campaign."
"The important thing was to establish that... I'm not the only guy out there with an economics Ph.D. who [supports Edwards]," he added.
He said the economists who endorsed the statement shared "a willingness to think large on policy questions."
Darity noted that two specific issues united the group: poverty and the war in Iraq.
"I definitely don't think the other two [major] candidates share [Edwards'] position on income redistribution," Darity said. "He's also set a very specific timetable for removing all U.S. forces from Iraq."
Despite the group's vote of confidence, some economists said concerns over the economic content of Edwards' platform are well-founded.
Thomas Nechyba, chair of the economics department and a supporter of Sen. Barack Obama, D-Ill., said he agreed with the opinion that Edwards' economic proposals are problematic.
"[Obama] has been quite impressive in the debates and has made very subtle economic points that he picked up on without an economist whispering in his ear," Nechyba said. "Edwards seems tone deaf to some of these points."
Connel Fullenkamp, an associate professor of economics and a registered Republican, said Edwards' economic views bothered him less than other concerns.
"I have big problems with [Edwards'] character," Fullenkamp wrote in an e-mail. "The true character of each candidate is, and always has been, the only issue that should matter."
John Herlin, a second-year graduate student in economics, said economic issues are often just one of many factors economists consider when choosing a candidate to support.
"If economists were going to support a presidential candidate based purely on what is taught in economics courses, we would probably all support Ron Paul," he said.
2008 Woodie Awards



Viewing Comments 1 - 10 of 10
Mike D.
posted 1/18/08 @ 8:17 AM EST
"If economists were going to support a presidential candidate based purely on what is taught in economics courses, we would probably all support Ron Paul. (Continued…)
Marta
posted 1/18/08 @ 9:10 AM EST
You continue to insult alumnus Paul, and disgrace all alumni.
J
posted 1/18/08 @ 9:22 AM EST
Edwards has an awful understanding of economics. At least when discussing energy policy, for example, Clinton and Obama can speak meaningfully about cap-and-trade policies and the consequences of gas taxes. (Continued…)
Joe B
posted 1/18/08 @ 11:33 AM EST
"If economists were going to support a presidential candidate based purely on what is taught in economics courses, we would probably all support Ron Paul,"
TRANSLATION:
If people were going to support a presidential candidate based purely based on FACTS and LOGIC and remove ideas of social presure and emotion, then we would probably all support Ron Paul. (Continued…)
Sue them
posted 1/18/08 @ 11:53 AM EST
John Edwards life experience in understanding economics is "Go to court, take other people's money".
DenisL
posted 1/18/08 @ 12:32 PM EST
As a Duke graduate, I wonder what is being taught now at Duke, when the only candidate who understands the biggest issue facing us in the next 5 years, i. (Continued…)
Sean Burns
posted 1/18/08 @ 2:37 PM EST
The thing is that people overestimate the importance of the economy like it's supposed to be the primary focus of our civilization. And the tools we use today to measure how well the economy is doing are a joke when your really think about it (GDP for example). (Continued…)
Patrick Bateman
posted 1/18/08 @ 2:58 PM EST
Supporting John Edwards?
Good God. He has not understanding of economics whatsoever.
Could someone for the love of god tell that populist to stop talking about his time on the damn mills before I rip my ears off. (Continued…)
don t.
posted 1/18/08 @ 10:34 PM EST
Great Christ, will it never end!!!! Garity is yet another example of the fact that the only requirement to be member of the aa studies department is stupidity. (Continued…)
Jason
posted 1/21/08 @ 5:49 AM EST
Denis L,
Great points - agreed on most fronts. I have a solution to your problem, that should be pretty obvious for most Dukies; diversify your portfolio. (Continued…)
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