The economic philosophies of Hillary and Obama

I am puzzled by the view that behavioral economics is somehow left leaning. First, this is not obvious to me as an empirical claim about the politics of those who commit behavioral economics. Second, it is not at all obvious that the policy conclusions, such as they are at this very early stage of the sub-field, that flow out of the existing behavioral literature are particularly left or right, especially once you take the important step of also subjecting government behavior to behavioral analysis.

As always, I do not read the NYT often, but when I do, often via links on this blog, they never really seem to know what they are talking about.

Regarding whether “behavioral economics” is left-leaning or not, this
may partly depend on whether one identifies experimental economics with
it or not. Thus, many experimental economists are quite pro-free market,
with the poster boys for this being the crowd that has been at George Mason
for the last several years, but which is mostly going to pull up stakes and
move to Chapman University, namely the Interdisciplinary Economic Science
group associated with Nobelist Vernon Smith.

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