Trust in experts is down. In all kinds of institutions and professions – in government, in media, in medical science… and lately, economists are feeling the burn acutely. In fact, President Trump just fired the economist who ran the Bureau of Labor Statistics, accusing her – with no evidence – of faking a jobs report that showed fewer gains than expected.
In decades past, economists whispered in the ears of presidents. Now, many politicians and voters are disenchanted with the field.
On today’s show, we speak with economists about how distrust is messing with their minds and interfering with their work. Can they build up trust again?
Today’s episode was hosted by Amanda Aronczyk. It was produced by Sam Yellowhorse Kesler and edited by Marianne McCune with help from Jess Jiang. It was engineered by Robert Rodriguez and fact-checked by Sierra Juarez. Alex Goldmark is Planet Money‘s executive producer.
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Music: Universal Production Music – “Time to Spare,” “One with the Barrel,” and “Midnight Surf”