Thursday , July 4 2024
Home / Lars P. Syll (page 157)
Lars Pålsson Syll
Professor at Malmö University. Primary research interest - the philosophy, history and methodology of economics.

Lars P. Syll

What can RCTs tell us?

What can RCTs tell us? We seek to promote an approach to RCTs that is tentative in its claims and that avoids simplistic generalisations about causality and replaces these with more nuanced and grounded accounts that acknowledge uncertainty, plausibility and statistical probability … Whilst promoting the use of RCTs in education we also need to be acutely aware of their limitations … Whilst the strength of an RCT rests on strong internal validity, the...

Read More »

The elite school illusion

The elite school illusion  [embedded content] A great set of lectures — but yours truly still warns his students that regression-based averages is something we have reasons to be cautious about. Suppose we want to estimate the average causal effect of a dummy variable (T) on an observed outcome variable (O). In a usual regression context one would apply an ordinary least squares estimator (OLS) in trying to get an unbiased and consistent estimate:...

Read More »

MMT perspectives on rising interest rates

MMT perspectives on rising interest rates The Bank of England is today wholly-owned by the UK government, and no other body is allowed to create UK pounds. It can create digital pounds in the payments system that it runs, thus marking up and down the accounts of banks, the government and other public institutions. It also acts as the bank of the government, facilitating its payments. The Bank of England also determines the bank rate, which is the interest...

Read More »

Comment juguler la pandémie

Comment juguler la pandémie Les Etats-Unis, le Royaume-Uni et les pays européens dans leur ensemble … continuent d’être confrontés aux résurgences répétées d’une circulation virale en croissance exponentielle. Ils peuvent parvenir à juguler la pandémie en suivant l’exemple des pays qui ont réussi à le faire. Mais pour les citoyens, attendre une réponse officielle déjà trop retardée serait un jeu de dupes. N’attendez pas que vos gouvernements agissent....

Read More »