Let’s be ethical, economists say

January 3, 2011

Last month’s special report “For some professors, disclosure is academic” has been making waves in the academic world, as this story shows:

Economists urge AEA to adopt ethics code: letter

By Kristina Cooke

NEW YORK (Reuters) – Almost three hundred economists have signed a letter to the American Economic Association “strongly” urging it to adopt a code of ethics requiring disclosure of potential conflicts of interests.

The 135-year-old American Economic Association, or AEA, does not have a code of conduct for its approximately 18,000 members. Over half of its members are academics, according to its website.

“We strongly urge that the AEA create and then promote adherence to a professional code of ethics that at a minimum requires transparency with respect to potential conflicts of interest,” Gerald Epstein and Jessica Carrick-Hagenbarth of the University of Massachussetts, Amherst wrote in a letter sent Monday to the AEA.

“We believe this would be an important and necessary step toward enhancing the credibility and integrity of the profession,” they wrote.

The letter was signed by 292 economists, including former White House advisor Christina Romer and Nobel Laureate George Akerlof.

Read the full story here and here’s a link to the AEA letter with the list of signatories at the end.

In the original special report, Emily Flitter, Kristina Cooke and Pedro da Costa reviewed 96 testimonies given by 82 academics to the Senate Banking Committee and the House Financial Services Committee between late 2008 and early 2010 — as lawmakers debated the biggest overhaul of financial regulation since the 1930s — and found no clear standard for disclosure. 

To read the special report in multimedia PDF format, click here.

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Please, no more drunks, tax evaders and womanizers in leadership-she can’t take anymore! Let em move to sin city where they’ll fit right in! Also, free internet porn for kids at a push of a button should produce big/expesnive sociall ills in no time!

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