Tuesday, April 26, 2016

Economics and Self-Awareness - The New York Times

Economics and Self-Awareness - The New York Times:

"Noah Smith has another interesting piece on methodology, inspired by the Friedman-Sanders economic projections controversy. His bottom line — don’t let your economic analysis be dictated by what you want to be true, or what you think would be good for people to believe — is exactly right. But I think there’s a bit more to be said about the process of using economic models, and why — in my experience — they can be especially helpful on politically or emotionally charged issues."

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