One of my more recent ideas is that academic economics is on the road to becoming like academic sociology. That is, it will become increasingly driven by a left-wing agenda. Consider the table of contents for the May 2017 issue of the American Economic Review, which is the “papers and proceedings” issue for the latest annual conference of the American Economics Association.
It includes 11 papers from three sessions on gender, plus 3 other papers with “gender” in the title. It includes 15 papers on inequality. These topics account for over 20 percent of the published session papers.
At leading universities, I can think of several conservative economists, but all of them are around 60 years old or older. In 15 years, not even Chicago will have conservatives teaching economics courses.
I should point out that I have nothing against sociology in principle. In fact, it would do economists some good to think in terms of human interaction rather than focus so much on modeling the autonomous individual. If academic sociology were broader than the study of racial and gender, then economics would have much to gain by incorporating insights from sociology.