Mises.org: Keynes’s Critique of Econometrics Is Surprisingly Good
In a recent article we had a brief look at Ragnar Frisch’s (1895–1973) vision of econometric model building. As mentioned, Frisch was the first…
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Why mathematics and modeling should not be equated with economics and human action
A very intelligent friend of mine of markedly different political persuasions said the other day that he avoided “technical economic arguments” with me as…
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