This was written by Trevor Tombe of the University of Calgary.
In a recent Financial Post opinion piece by Phillip Cross (entitled “Discounting Business Knowledge” HERE), he finds the Annual Meeting of the Canadian Economics Association guilty of bias. Allow me to quote him at length:
Analysing the 64-page CEA agenda shows a not very surprising bias to where the CEA thinks knowledge about economics resides in our society. Of the 600 odd papers being presented, 90 per cent are from university professors, while two-thirds of the remainder come from government organizations (mostly central banks). Only 3 per cent of papers come from outside university and the public sector…
From these observations he concludes that “according to the CEA, there is essentially no knowledge in the business sector worth tapping.” Unfortunately for Mr. Cross, many of these observations are either misleading or sometimes simply false. The actual data tell a very different story. (Special thanks to Paula Emery and especially Werner Antweiler for providing the relevant statistics.)