It’s one thing to write a book. It’s another thing to generate some book sales. It’s another thing entirely to get a Beltway resident, particularly one with enhanced voting rights (ie. a member of Congress), to take your ideas seriously. Despite all the knocks on do-nothing politicians, Washington is awash in ideas. A majority of politicians just don’t like most of them.
One crude measure of attention is a mention in the Congressional Record. The word “economics” has appeared 1,420 times since January 2005. The phrase “behavioral economics” has appeared once.**
**In June 2006, Cong. Ruben Hinojosa (Democrat-Texas), co-chair of the Financial Economic Literacy Caucus, inserted a speech by Ben Bernanke into the Record.