Economists have been slow to embrace social media for professional use. We are used to write long papers, go a through extremely lengthly review process, and hesitate to take categorical positions (“it depends”). The quick and fleeting nature of social media does not seem to be a natural environment for economists. Yet, blogs have been active for many years with contributions that have helped discuss, explain and form policy. Some have provided platforms for research that would have otherwise gone unnoticed. And some have highlighted research that had flaws.
Social media is huge, and it can be a challenge for somebody who is interested in the economic discourse to find what is worthwhile to follow. Also, it is not obvious to find what social media had to say about a particular topic, especially if one wants to limit oneself to what “true” economists have to say. There is unfortunately a lot of noise in the economic debate, as almost everyone has a opinion that is not often backed by research.
RePEc has already tried to capture what is happening in the economic blogosphere. EconAcademics is a website that aggregates the discussion of economic research while monitoring about 1000 blogs. The idea here is to find those blog posts that link to research indexed on RePEc, on the presumption that they discuss research or use research to make a point. This is in contrast to a lot of the discussion of economics that very quickly veers into politics with little backing from actual research. EconAcademics thus makes those blogs better known that are more “seriously” into economics. The site can also be used to find interesting material for the classroom or simply to broaden once interests. We hoped also that this would encourage more discussions in the comment sections of those blogs. Anecdotally, this does not seem to have happened. Economists seem too busy to engage in any significant way in such discussions, with few exceptions. This is especially true when it comes to commenting papers. Blogs have not become a medium where a discussion can drag on for days (although it could have), as a careful reading of the papers would require.
What about Twitter? It would seem that the instantaneous nature of Twitter, as well as the 140 character limit of a tweet, would make it even more difficult to have serious and thoughtful discussions about research. It appears that economists recently have been warming up to the idea, and many prominent ones have joined Twitter and contribute thoughts on policy and current research. The difference with blogs is that Twitter somehow engages more discussion, and it also prompts interactions between people who would never have interacted otherwise: it makes everyone accessible. That said, one can also simply be lurking without intervening and learn from the discussion or the alerts. As we find from analyzing traffic to RePEc, Twitter can drive substantial readership to some papers. Another example is the previous post on this blog, that got substantial readership, almost all through Twitter.
How can RePEc help here? There are two ways. The first is that every new working paper that is announced through the NEP mailing lists is now also disseminated through Twitter (see for a list of all the available feeds one can follow). This has been in place for close to a year and has so far gathered a following of about 3000 users with a steady flow of further dissemination through retweets.
The second is that it is now possible for authors to add their Twitter account to their IDEAS author profile, thereby making their Twitter time line easier to find. All they need to do is to tweet their RePEc Short-ID to @RePEc_signup. This allows also to compile a list of economists present on Twitter, which we hope will grow quickly.
Economic policy is very much in the public sphere. Economists should embrace social media to steer discussions in the right direction, that is, in a way that is backed up by serious research. Blogs and now Twitter can be good tools for this.