Ed Leamer
"What we do is not science, it's fiction and journalism." Economic
theory, he writes, is fiction (stories, loosely connected to the facts);
data analysis is journalism (facts, loosely connected to the stories).
Rather than titling the two sections of his book Theory and Evidence, he
calls them Economic Fiction and Econometric Journalism, explaining, "If
you find that startling, that's good. I am trying to keep you awake."
Ed Leamer
Ed Leamer
Ed Leamer
Ed Leamer
Ed Leamer
Ed Leamer
Ed Leamer
Ed Leamer
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