Beware the Gray Ghost [embedded content] For my daughter Tora and son David — with whom, when they were just little kids, yours truly spent hours and hours watching this series (now available on Netflix) back in the 1990s. You were my heroes then. You still are.
Read More »Bayesian analysis with SPSS
Bayesian analysis with SPSS .[embedded content] Yours truly has for several years been conducting a doctoral course in statistics for students in educational science where SPSS has been used. Unfortunately, Bayesian analysis has not been available in that program. With version 29 of SPSS, things have changed. So, next year, there will be a new addition to the course!
Read More »‘These brothers and sisters of mine’
‘These brothers and sisters of mine’ This one is for you — all you sons and daughters struggling to survive in wars or forced to flee your homes and risking your lives. [embedded content] Then the righteous will answer him, ‘Lord, when did we see you hungry and feed you, or thirsty and give you something to drink? When did we see you a stranger and invite you in, or needing clothes and clothe you? When did we see you sick or in prison and go to visit you?’...
Read More »Free Dawit Isaak!
Swedish-Eritrean journalist and writer Dawit Isaak has been held in Eritrean prison for 22 years without trial. He is the only Swedish citizen held as a prisoner of conscience. The Swedish government should initiate criminal proceedings against those responsible in Eritrea for crimes against humanity. Dictators all over the world must be held accountable for human rights. [embedded content]
Read More »When great souls die
When great souls die Great souls die and our reality, bound to them, takes leave of us. Our souls, dependent upon their nurture, now shrink, wizened … And when great souls die, after a period peace blooms, slowly and always irregularly. Spaces fill with a kind of soothing electric vibration. Our senses, restored, never to be the same, whisper to us. They existed. They existed. We can be. Be and be better. For they existed. Maya Angelou In loving memory of...
Read More »Improving econometric education
.[embedded content] As always a pleasure listening to Edward Leamer and his critical views on the (mis)uses of statistical methods in empirical research. Main message: without a deep understanding of context, statistical and econometric analyses are useless!
Read More »Why we need causality in science
Why we need causality in science Many journal editors request authors to avoid causal language, and many observational researchers, trained in a scientific environment that frowns upon causality claims, spontaneously refrain from mentioning the C-word (“causal”) in their work … The proscription against the C-word is harmful to science because causal inference is a core task of science, regardless of whether the study is randomized or nonrandomized. Without...
Read More »‘Way on down south London town’
‘Way on down south London town’ .[embedded content] Unforgettable!
Read More »Improving econometric analysis
Always, but always, plot your data. Remember that data quality is at least as important as data quantity. Always ask yourself, “Do these results make economic/common sense”? Check whether your “statistically significant” results are also “numerically/economically significant”. Be sure that you know exactly what assumptions are used/needed to obtain the results relating to the properties of any estimator or test that you use. Just because someone else has used a particular...
Read More »Dirk Ehnts über Staatsschulden & MMT
Dirk Ehnts über Staatsschulden & MMT .[embedded content] Dieses Interview ist wirklich hörenswert. Yours truly schätze Dirk Ehnts’ eher pragmatische Haltung gegenüber MMT und der Frage des Umgangs mit Staatsschulden. Er warnt davor, die MMT-Theorie als eine Art Allheilmittel zu betrachten. Er betont die Notwendigkeit, die Anwendung der MMT-Prinzipien an die spezifischen Gegebenheiten eines Landes anzupassen. Zudem weist er darauf hin, dass hohe...
Read More »