Discussion Paper Details

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Title: The Polarization of Reality

Author(s): Alberto F Alesina, Armando Miano and Stefanie Stantcheva

Publication Date: January 2020

Keyword(s): beliefs, Perceptions, Political Views, redistribution and Wealth Taxation

Programme Area(s): Public Economics

Abstract: Americans are polarized not only in their views on policy issues and attitudes towards government and society, but also in their perceptions of the same factual reality. We conceptualize how to think about the ``polarization of reality'' and review recent papers that show that Republicans and Democrats view the same reality through a different lens. Perhaps as a result, they hold different views about policies and what should be done to address economic and social issues. We also show that providing information leads to different reassessments of reality and different responses along the policy support margin, depending on one's political leaning.

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Bibliographic Reference

Alesina, A, Miano, A and Stantcheva, S. 2020. 'The Polarization of Reality'. London, Centre for Economic Policy Research.