Saturday, June 02, 2018

Long read on how Harvard lost Russia

via David Warsh. In News Values “There’s been a tendency in recent years to rely more heavily than before on professional economists as journalists. Paul Krugman, of The New York Times, and Martin Wolf, of the Financial Times, are the most prominent examples. There are many others, tucked away in business pages, magazines, or on websites of their own.
There’s a downside, though. Membership in the economics guild brings with it a natural reluctance to tangle with the leadership of the profession, on any other than strictly professional grounds. To put this slightly differently, economists who enter journalism remain economists; they are not there to police their peers.
As far as I know, neither Krugman nor Wolf has ever mentioned the Harvard-Russia story. Only The Wall Street Journal actually covered it.........
As for the “Further Reading” section of the Journal of Economic Perspectives, not even McClitick’s 25,000-word article rated a mention there – perhaps because Harvard professor Andrei Shleifer was JEP‘s editor from 2003-2008.“
Here is the article How Harvard Lost Russia by David McClitick from 2006.
A follow up from 2014 Some Russian money flows back to Harvard by an ex-dean from Harvard.

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