You can access the survey paper from here and believe me - IT IS WORTH READING!
Here are the highlights:
- The survey was conducted in mid-January 2011 by soliciting input from top economics bloggers as ranked by Palgrave’s Econolog.net.
- Economics bloggers are less pessimistic in their outlook on the U.S. economy than they were at the end of 2010, though 77% believe overall conditions are mixed, facing recession, or in recession.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_zJn7ihAdjfwiJWPFsfk42CJMc6lYYWrCDKgrUJ2P7AzOA1_6pBwQ-d0gc6PRVLJVHcVNH00-LYBs45vmMOcZVbJ3VP79TnNAYHO9dHOFogyuWb1JZBtnakJKebh66i_UeCrGWumCwlZQ/s280/Screen+shot+2011-03-06+at+19.13.01.png)
- "For an economy in which growth is the norm, 31% of respondents think that the U.S. economy is worse than official statistics indicate, and only 10% believe it is better".
- When asked to describe the economy using five adjectives, "uncertain” remains the most frequently used term.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNp4xnC9x1aR4QCE1DV0xKetu2Dtd8PRwcEuLyljNn6VJqx54WvvKt8RxUFPmppCnqrSYSFOZ44hn3kAmfuqU4AnItYJHpY4l7ynldDF5jbnWmMny36gsRa5vJmyq13z_OD7BE_Cfr19VP/s280/Screen+shot+2011-03-06+at+19.13.14.png)
- "Although the panel is largely non-partisan, a 3:1 majority of top economics bloggers believe the government is too involved in the economy."
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1XUCtB-Z9KtPl5cmJsRTJitzoh3wGrk0mQ3b3BJDFhS7Yz8vJmsaTIRfYiqiP1GwnRs7JBuA0aZ95EpeJjLksabXP5Y_MWvvZeS2d7ABNkTgbFc3dpJoamKDVKb7kVGtp-_QsBelUPR9l/s280/Screen+shot+2011-03-06+at+19.14.13.png)
- The top policy recommendation is for the government to “reduce regulatory burdens and fees on new firm formation” and “approve trade agreements with South Korea, Colombia, and Panama,” with 92% support. So free trade and lesser burden on business formation. "Promoting entrepreneurship is a consensus agenda among policymakers".
- Only 32% agree with a policy of “subsidizing new firm formation with targeted spending and tax benefits,” with 68% disagreeing (24% strongly).
- The alternative option to “reduce regulatory burdens and fees on new firm formation” is favored by 92% of respondents.
- "Rather than recommending that the government get more involved in helping entrepreneurs, top economics bloggers recommend it simply do less to hinder them."
First: how balanced / non-partisan the panel is:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTl9hKHy-qoZb5w_r4TGAGfK87Xh6P8xSzr-sKCHkaZc84mROtCmfemxfGIBxMJbINedJrvrt-GM3e4VyJkMtFQ0VqkwNpNQJlD524b39VNRMRdtF_m5wIytsXTMFe7TAnZ-8DWwCNrxHG/s280/Screen+shot+2011-03-06+at+19.17.25.png)
Another one for us, Europeans. Remember the hoopla surrounding the high-sounding principles, but bad economics (yes, the Congressional Budget Office analysis has proven it to be 'bad economics') of the Obama Healthcare bill? Here's the verdict of the economists:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjztqI6zv5mxJqbqo5Yt6yA7oMe8x9fSf9OUr7iFa_SLiRV-zGei4cGAig6wfG8tahHJCUEe0HdQntOEXPVf9KZkQaSBfuV3_IwUGxPd8z_CpQFasHEcKomQuSkioRDVZ0C71Uw4xJDcUfd/s280/Screen+shot+2011-03-06+at+19.16.45.png)
Now more goodies for us, Europeans - how do the US economists rank performance of the ECB?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjY85YQHjzxSr9liC0tCQAR0YLkwViAuH6Pal2xqoVmPygamexW5pV3Q9FHL3GZbRZ2QdaAdE3sNbY9oP9YjJgJ6ZQwxl8LJesMa-n5UqydfvIXoxKCcRxlSjcoGRvKpH45gtDFa2OcSu7d/s280/Screen+shot+2011-03-06+at+19.15.28.png)
Fascinating results!
71% say "Tax benefits" surely?
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