Economists are stingy

A new study entitled "Why Are Economics Students More Selfish than the Rest?" suggests that economists are less likely to donate than other students. Maybe time to introduce Adam Smith's Theory of Moral Sentiments over and above the much more widely read Wealth of Nations.

The abstract of the study:

A substantial body of research suggests that economists are less generous than other professionals and that economics students are less generous than other students. We address this question using administrative data on donations to social programs by students at the University of Washington. Our data set allows us to track student donations and economics training over time in order to distinguish selection effects from indoctrination effects. We find that economics majors are less likely to donate than other students and that there is an indoctrination effect for non-majors but not for majors. Women majors and non-majors are less likely to contribute than comparable men.