4 ms·
Ok, I’m sympathetic to that POV. I’m grateful for the credibility revolution in econometrics, but it clearly can become an obsession. Prediction on its own can
by dash2 6y ago
Ok, I’m sympathetic to that POV. I’m grateful for the credibility revolution in econometrics, but it clearly can become an obsession. Prediction on its own can be worthwhile. I wouldn’t say causation is a myth - maybe rather that it’s overvalued.