4 ms·
Everybody disagrees about which side they're on. It's incredibly difficult to know, because there's no way to run experiments.
by pitaj 6y ago
Everybody disagrees about which side they're on. It's incredibly difficult to know, because there's no way to run experiments.
- fastball 6y agoSufficiently sophisticated modeling could do the trick.
- jfk13 6y agoNo matter how sophisticated the modelling, how would you know whether it's accurate? A model can be highly sophisticated, yet quite wrong.
- whimsicalism 6y agoIs your position just skepticism of models generally?
- undersuit 6y agoCan I define the initial variables or will you apply your own values?
- whimsicalism 6y agoI think your pessimism on the ability to find causation in econometrics is unfounded. There is good evidence we are on the left side of the laffer curve, although I’m on my phone right now.