Economics & Marginalia: July 12, 2024

Never bring a model to a political economy fight.

Much of ‘the evidence’ is crap! You can safely ignore it! A garbage study is always more garbage than study. Even good studies can be turned into garbage by the garbage practices of everyone else. If I wanted to be extreme: no matter how well you design your study, and how carefully you document your data choices and how carefully you design your e... See more