Ethics in Economic Field
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The question, however, is not whether having a bias or even hiding a bias constitutes unethical behavior. Every view expressed is imbued with some bias. The main ethical issues with regards to economic think tanks, the research they publish and ethics are the disclosure of bias and the sources of bias. Most economic think tanks exist to influence public policy. Some provide direct guidance to politicians on economic matters; others attempt to sway public opinion
At the core of the ethical quandary is the funding system for these non-governmental think tanks. Most are financed by large corporations. When these think tanks then publish research that supports the views held by their corporate backers, this represents a significant ethical issue. From a deontological perspective, the issue revolves around whether or not the research was designed to eliminate the known biases of the researchers. Research of any type should be, in order to meet any reasonable code of ethics, objective. This means that bias should be omitted from the experiment design, data analysis and data interpretation (Resnick, 2007)......
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