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I'm a big Planet Money fan, and remember this episode. As I listened, it occurred to me that I really wished we had a non-partisan, uniform way to measure "exp
by shireboy 9y ago
I'm a big Planet Money fan, and remember this episode. As I listened, it occurred to me that I really wished we had a non-partisan, uniform way to measure "experiments" like this over time. Agree on measures of success (GDP, per capita income post-tax, employment, education stats, etc.), visualize them over time, and run 50 parallel experiments. http://usafacts.org/ http://usafacts.org/ comes close, though it doesn't show state-level details. Also, one could argue it's not non-partisan behind the scenes (or that non-partisan is impossible).
I understand that might be a bit naive, but in general we could be doing much better at gathering and visualizing the data that are used to make policy decisions. Give me cold, hard numbers and pretty graphs instead of our current system of hotheads yelling that I'm a socialist if I believe in government spending or hate poor people if I believe in tax cuts.
- Analemma_ 9y agoWe might be slowly starting to creak in that direction. The AEI recently announced that they would start preregistering studies on the link between the minimum wage and unemployment and fix the "success criteria" ahead of time. The AEI is hardly my favorite institution, so it's actually especially encouraging to see them "go first". Hopefully others will follow.