It's about RAND, so I have no comment
By Kevin
I'm thinking of starting a new category: Interesting conversations I can't join because of my work.
The first entry would be the recent essay by Edward Fulbrook entitled "The RAND Portcullis and PAE" in the Post-Autistic Economics Newsletter. Snip below the fold:
Following the second world war, the United States increasingly came to determine (one might say dictate) the shape of economics worldwide.... engineered in significant part by the US Department of Defence, especially its Navy and Air Force.... Arrow’s early research had been partly, in his words, ‘carried on at the RAND Corporation, a project of the United States Air Force’.... In 1965, RAND created a fellowship program for economics graduate students at the Universities of California, Harvard, Stanford, Yale, Chicago, Columbia and Princeton, and in addition provided postdoctoral funds for those who best fitted the mold. These seven economics departments, along with that of MIT - an institution long regarded by many as a branch of the Pentagon - have subsequently come to dominate economics globally to an astonishing extent....For the QJE it found that the eight departments with the most articles were the seven favoured through RAND by the US Department of Defence plus MIT, and that this Big Eight accounted for 77.3 per cent of the articles published. In the JPE all of the RAND Seven were in the top ten and, together with MIT, accounted for 63.1 per cent of the articles published. In the AER the top eight contributing departments were again the RAND Seven plus MIT, which together accounted for 59.3 per cent of the articles published....
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