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Economic Values Test: Which Economic School Fits You?

Quick, free economic ideology quiz to discover your type. Instant results.

Editorial: Review CompletedCreated By: Foruh BoltabaevUpdated Aug 28, 2025
2-5mins
Profiles
Paper art illustration for economic values test quiz on a golden yellow background

Use this economic values test to see which school of economics matches your views on markets, government, and fairness. In a few minutes, you'll get a clear result and learn how your views compare to others; if you want more context, try our communist or capitalist quiz, explore a broader political ideology test, or map yourself with the nolan chart test.

A city faces soaring rents and long wait times for permits. What is your first-best lever to improve affordability and supply?
Slash exclusionary zoning and streamline approvals to unleash private building
Launch a time-limited public building surge to stabilize rents and jobs
Avoid mortgage-credit booms; keep housing finance on a predictable, conservative footing
Expand social housing and community land trusts to rebalance power in housing
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In a demand slump with idle workers and low utilization, your priority is to
Clear bottlenecks and cut red tape so private investment can ramp quickly
Deploy automatic stabilizers and shovel-ready public investment
Hold to a transparent monetary rule to anchor expectations
Target relief to marginalized communities to prevent lasting scarring
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Inflation jumps after a credit boom. What is the central bank's best stance?
Let distorted subsidies and guarantees expire; allow prices to guide reallocation
Coordinate with fiscal to avoid premature tightening that risks a hard landing
Tighten per a clear rule and communicate a steady anti-inflation path
Shield wage earners via incomes policies and tackle concentrated pricing power
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A dominant digital platform raises switching costs for users and small sellers. What is your move?
Lower entry barriers and mandate interoperability so rivals can plug in
Stand up public digital infrastructure and consumer protections to stabilize the ecosystem
Set predictable conduct rules; avoid ad hoc penalties that spook markets
Enforce antitrust, data rights, and fair bargaining to rebalance power
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How should the safety net be structured to handle shocks?
Use a negative income tax and cash supports that minimize bureaucracy
Rely on robust automatic stabilizers that expand in downturns
Guard against fiscal dominance; keep programs sustainable and transparent
Strengthen labor standards, unions, and universal benefits to widen capability
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To cut emissions while growing, what's your favored approach?
Carbon dividends, streamlined permitting, and innovation prizes to scale clean tech
Green stimulus and public procurement to create demand for clean industries
A predictable carbon tax path integrated with rule-based policy
Standards, strategic industrial policy, and a just transition for workers
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Improving healthcare access and cost control works best by
Expanding supply via scope-of-practice reform and transparent pricing
Offering a public option and stabilizing risk pools during shocks
Avoiding credit-fueled cost inflation and publishing price indices clearly
Guaranteeing universal coverage and strengthening public bargaining power
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A large bank nears insolvency. Your preferred resolution approach is
Let it fail with clear loss-bearing by investors; avoid bailouts
Act as lender of last resort with strict, time-bound conditions
Follow rule-based resolution with predefined triggers and haircuts
Break up too-big-to-fail institutions and reform governance
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How should major infrastructure be financed and delivered?
Public-private partnerships with streamlined permits and user pricing
Countercyclical public investment using idle capacity
Dedicated user-fee trust funds indexed by simple rules
Public ownership for natural monopolies with accountability safeguards
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When evaluating a minimum wage change, you prioritize
Boosting incomes via EITC and work incentives instead of wage mandates
Phasing adjustments to support demand without risking layoffs in slumps
Avoiding a wage-price spiral and keeping unit labor cost trends anchored
Raising the wage floor and worker bargaining power to reduce inequality
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Your stance on trade policy in a competitive world is
Lower barriers, help workers adjust, and keep markets contestable
Use temporary safeguards and adjustment aid during global downturns
Maintain a stable, rules-based exchange and trade regime
Embed labor and environmental standards to prevent a race to the bottom
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Closing the digital divide should focus on
Spectrum liberalization and last-mile competition to cut costs
Public broadband investment in underserved areas
Predictable auction rules and universal-service funding transparency
Treating broadband as a utility with open-access requirements
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Which corporate governance reform best improves long-run outcomes?
Simplify compliance to spur entrepreneurship and capital formation
Tie pay and incentives to employment stability and investment cycles
Neutral tax treatment of debt vs equity to reduce risky leverage
Worker representation on boards to broaden accountability
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Education finance should
Allow school choice and funding portability to spur innovation
Stabilize funding across cycles to avoid harmful cuts
Avoid moral hazard in student lending and keep costs transparent
Invest universally in early childhood to expand capability
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To tackle urban congestion, you support
Dynamic road pricing to allocate scarce road space
Expanding transit and active transport with public funds
Earmarked, rule-bound transport funds insulated from short-term politics
Equity-oriented pricing with community input and exemptions
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A pandemic disrupts supply and demand. Your first instincts are to
Suspend barriers to production, logistics, and telehealth immediately
Backstop incomes and small businesses until normalcy returns
Protect the nominal anchor and use time-bound facilities with clear exit rules
Prioritize essential workers' safety and fair compensation
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How should innovation be incentivized?
Shorter patents and bigger innovation prizes to speed diffusion
Targeted public R&D and mission-driven projects
Predictable IP rules to reduce uncertainty and litigation games
Compulsory licensing and open science when access and equity demand it
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Improving labor market matching works best through
Removing unnecessary licensing and noncompete constraints
Job guarantees, training, and apprenticeships in downturns
Rules that avoid overheating while supporting on-the-job learning
Sectoral bargaining and stronger worker voice
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Food prices spike after a supply shock. Your response is to
Remove import restrictions and streamline logistics immediately
Offer temporary food subsidies or transfers to stabilize households
Avoid accommodating money growth; keep expectations anchored
Pursue antitrust in concentrated agribusiness and consider a buffer stock
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How should crypto and digital assets be governed?
Allow permissionless experimentation within clear property and disclosure rules
Provide consumer protections and backstops for systemic platforms
Maintain strict prudential and payments rules to protect the unit of account
Rein in concentrated power and environmental externalities with firm standards
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Strong, secure property rights encourage long-term investment.
True
False
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Government borrowing always crowds out private investment.
True
False
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Price signals help coordinate dispersed knowledge better than committees can.
True
False
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Exchange-rate pegs guarantee a country will avoid currency crises.
True
False
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Broad-based consumption taxes can raise revenue with fewer distortions than many narrow exemptions.
True
False
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Price-gouging bans never create shortages during disasters.
True
False
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Transparent public procurement can reduce corruption and improve value for money.
True
False
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More money creation can permanently lower unemployment without side effects.
True
False
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Independent evaluation of public projects improves capital allocation.
True
False
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State-owned monopolies always innovate faster than competitive firms.
True
False
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Profiles

  1. Keynesian Catalyst -

    As revealed in this economic values test, you believe in proactive fiscal policy and government spending to stabilize markets and boost demand. You thrive on using public investment to smooth economic cycles. Quick tip: Explore the latest fiscal stimulus proposals to see how theory meets practice.

  2. Austrian Maverick -

    Your results in this school of economic thought quiz show a passion for free markets, individual choice, and minimal government intervention. You value entrepreneurship and spontaneous order above all. Quick tip: Dive into works by Hayek and Mises to deepen your understanding.

  3. Monetarist Strategist -

    In this economics personality quiz, you emphasize controlling the money supply and maintaining low, stable inflation. You trust central banks to steer the economy through precise monetary tools. Quick tip: Track real-time inflation data and assess central bank communications.

  4. Marxist Critic -

    Your score in our economic ideology quiz highlights a focus on class relations, labor value, and wealth redistribution. You challenge traditional markets and call for systemic reform. Quick tip: Read contemporary critiques on income inequality to refine your perspective.

  5. Institutional Innovator -

    According to this economic values test, you center on the rules, norms, and institutions that shape economic behavior. You blend behavioral insights with game theory to understand real-world outcomes. Quick tip: Explore transaction cost economics and policy design for deeper insights.

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