Economics.SE is relatively small stack with few high rep users. This creates problem as it often takes quite long for questions that do not fit or are low quality to get closed. This seems to be recognized problem judging from number of upvotes here.
There is currently opportunity for stack exchange sites to switch from 5 to 3 close vote model.
Should we implement this model here as well? The model has pros & cons, but for a small site as ours I believe it would be overall a positive change.
Currently even larger sites than ours contemplate this model since lack of people who regularly go through review queue seems to be problem SE-wide problem (probably it should not surprise us economists that service with positive externality is undersupplied :p).
Please let me know what the community thinks about this proposal and whether I should go forward with requesting the change.
Edit added status review tag to bring this to the CM attention, can you please make the switch? There seems to be large enough support.