%0 Report %A Blinder, Alan S. %A Krueger, Alan B. %T What Does the Public Know about Economic Policy, and How Does It Know It? %D 2004 %8 2004 Sep %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 1324 %U https://www.iza.org/index.php/publications/dp1324 %X Public opinion influences politicians, and therefore influences public policy decisions. What are the roles of self-interest, knowledge, and ideology in public opinion formation? And how do people learn about economic issues? Using a new, specially-designed survey, we find that most respondents express a strong desire to be well informed on economic policy issues, and that television is their dominant source of information. On a variety of major policy issues (e.g., taxes, social security, health insurance), ideology is the most important determinant of public opinion, while measures of self-interest are the least important. Knowledge about the economy ranks somewhere in between. %K knowledge %K public opinion %K ideology