Here’s some perspective on politics from Don Boudreaux (a libertarian economist from George Mason University, who coauthors the blog Café Hayek.
This blog is for an economics class, and it’s a common question why economists tend to be more conservative than other social sciences. Economists tend to be more politically conservative than other social sciences, although academic economists still break 70/30 towards the Democrats. I teach this class in a heavily Republican state. And, just for to get it out there, I tend to vote Republican, although I voted for Obama in 2008 because I thought he was the better candidate.
Having said all that, Boudreaux says, and I concur:
If this blog were more explicitly political – rather than being chiefly about economics as well as political ideas – I’d start a series entitled something like “Repeat After Me: Republicans Are No Good Friends of Free Markets.” (Republicans are indeed pro-business, just as are Democrats. But Republicans are emphatically not reliably pro-free-market. Having said that, I will admit that the number of Republican politicians who come – for politicians – respectably close to supporting free markets is larger than the number of Democratic politicians who do so. The number of Republicans today in this lonely camp is tiny, but it is, if just barely, positive; the number of Democrats in this camp is, by my count, zero.)