What Does the Public Know About Economic Policy and How Does It Know It?

Working Paper: NBER ID: w10787

Authors: Alan S. Blinder; Alan B. Krueger

Abstract: Public opinion influences politicians, and therefore influences public policy decisions. What are the roles of self-interest, knowledge, and ideology in public opinion formation? And how do people learn about economic issues? Using a new, specially-designed survey, we find that most respondents express a strong desire to be well informed on economic policy issues, and that television is their dominant source of information. On a variety of major policy issues (e.g., taxes, social security, health insurance), ideology is the most important determinant of public opinion, while measures of self-interest are the least important. Knowledge about the economy ranks somewhere in between.

Keywords: No keywords provided

JEL Codes: D70; E60


Causal Claims Network Graph

Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.


Causal Claims

CauseEffect
Ideology and Knowledge (D83)public opinion (D72)
Ideology (P16)public opinion (D72)
Knowledge (D83)public opinion (D72)
Self-interest (F52)public opinion (D72)

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