Ever hear the joke about the lying economist?
No? Well, neither have I. But we might need to come up with one.
Such is the takeaway from a working paper released in January, which I stumbled on while browsing Professor Andres Marroquin’s top papers of 2012. Written by a pair of researchers from universities in Montreal and Madrid, it examined whether the study of economics made students more apt to lie for financial gain. The answer: a resounding yes.
They are just more economical with the truth…