>Most of the economics profession is biased in favour of some regulated form of free markets and globalization. >That's a bit like saying scientists are biased

>Most of the economics profession is biased in favour of some regulated form of free markets and globalization. >That's a bit like saying scientists are biased in favour of anthropic climate change: it's a rational bias based on 200 years of evidence. The economics profession is biased in favour of that because the think tank money, sourced from corporate wealth, wants that. It's a pretty irrational bias which has led to, among other things, the mainstream of the profession being completely blindsided by the financial crisis (famously called out by the normally apolitical Queen) as well as the meteoric rise of China via highly managed trade (an anti free market policy treated by most economists in the 90s/early 00s as largely self defeating).