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> I don't really understand your question about throwing out graphs that don't show a phase-change. There are infinite unrelated graphs. Unrelated in what sens
by bobwaycott 7y ago
> I don't really understand your question about throwing out graphs that don't show a phase-change. There are infinite unrelated graphs.
Unrelated in what sense? Your example seems a bit of a straw man. What other graphs of economic activity and change do not show a significant and sudden shift at ~1971 (is what I think the parent is asking)?
- asfarley 7y agoYes, this is what I meant. To be clear, I'm not accusing anyone of intentionally being misleading. But consider this process: 1) Notice an inflection 2) Search through a near-infinite number of economic indicators 3) Select those other indicators bearing an inflection-point This is very non-Baysian.