Faced with sizeable uncertainty, investors and investment managers alike often incorporate economic principles and research in formulating an opinion, and more importantly a position, in the market. However, according to newly released research from the Department of Economics of Brown University, these investors would be wise to keep the latest “disease” to take hold of the economics discipline in mind when placing their faith in cutting edge published works. 1

Top5itis – as the condition has been so named by research author Roberto Serrano – refers to a growing phenomenon in economics academia in which professional economics academics are significantly motivated...

