3 ms·
> seemingly small (implicit) assumptions like this that can have huge implications on results necessitates skepticism toward academic economics It mostly just
by bschne 5y ago
> seemingly small (implicit) assumptions like this that can have huge implications on results necessitates skepticism toward academic economics
It mostly just means you need to be very careful in interpreting the results, or be careful when someone uses it to motivate policy prescriptions as they themselves may have a questionable interpretation — like with any academic finding.