Summary:
I’ve written about the problems with the “push-a-button, take-a-pill model of science,” but . . . I’ve never seen it taken so literally! As long as there are people out there making such claims, and other people applauding these claims, and yet other people paying the bills for all this, I’m glad that there are also people like Ed Yong who are willing to point out that the emperor has no clothes. Mockery is our superpower. Time for some mockery of those holding onto "expansionary austerity, the confusion of issuer and users, the government as household or firm analogy, loanable funds, "crowding out," Barro's version of Ricardian equivalence, the intertemporal budget constraint, NAIRU, debt phobia, deficit hysteria, and the like, not to mention assuming "utility" as revealed preference,
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I’ve written about the problems with the “push-a-button, take-a-pill model of science,” but . . . I’ve never seen it taken so literally! As long as there are people out there making such claims, and other people applauding these claims, and yet other people paying the bills for all this, I’m glad that there are also people like Ed Yong who are willing to point out that the emperor has no clothes. Mockery is our superpower. Time for some mockery of those holding onto "expansionary austerity, the confusion of issuer and users, the government as household or firm analogy, loanable funds, "crowding out," Barro's version of Ricardian equivalence, the intertemporal budget constraint, NAIRU, debt phobia, deficit hysteria, and the like, not to mention assuming "utility" as revealed preference,
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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I’ve written about the problems with the “push-a-button, take-a-pill model of science,” but . . . I’ve never seen it taken so literally!
As long as there are people out there making such claims, and other people applauding these claims, and yet other people paying the bills for all this, I’m glad that there are also people like Ed Yong who are willing to point out that the emperor has no clothes.
Mockery is our superpower.Time for some mockery of those holding onto "expansionary austerity, the confusion of issuer and users, the government as household or firm analogy, loanable funds, "crowding out," Barro's version of Ricardian equivalence, the intertemporal budget constraint, NAIRU, debt phobia, deficit hysteria, and the like, not to mention assuming "utility" as revealed preference, ergodicity, equilibrium, and maximization? You know, the myths and conventional shibboleths.
Statistical Modeling, Causal Inference, and Social Science
Making fun of Ted talksAndrew Gelman | Professor of Statistics and Political Science and Director of the Applied Statistics Center, Columbia University