Is Econometrics Deductive?

October 15th, 2015
in Op Ed

The Limits of Linear Models

by Unlearning Economics

Appeared originally at Inside the Reform of Economics, 07 October 2015

Econometrics is the statistical wing of economics and as such is typically thought to represent a more data-driven, empirical approach than economic theory.

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“Checking Out: Exits from Currency Unions” – Economist Andrew Rose’s Paper From 2006

October 14th, 2015
in Op Ed

by Dirk Ehnts, Econoblog101

The ongoing economic problems in the euro zone have led to more and more economists coming out in favour of significant reform or dissolution. Rolf Weder at Ökonomenstimme argues for an alternative, while public radio Deutschlandfunk reports that the German media reports views of Berlin and Brussels as objective truths without alternative.

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Nuke Puke Disposal Plan

October 14th, 2015
in Op Ed

by Reverse Engineer, Doomstead Diner


Discuss this article at the Nuke Puke Table inside the Diner

Amongst the numerous other problems we have with Climate Change, Population Overshoot and Geopolitical Conflict, one of the main worries these days amongst KollapsniksTM is the residue of the Nuclear Power Industry which grew up in the aftermath of WWII, when a few brilliant scientists applied the ideas Albert Einstein had about the equivalence of Matter and Energy, most remembered by the famous equation E=mc2.

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Is High-End Real Estate Getting Soft?

October 13th, 2015
in Op Ed

by Michael Haltman

(Article originally appeared at the Hallmark Abstract Service blog)

The answer to the question will depend on the location of the home but, some anecdotal evidence is pointing to an answer of yes!

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The Reason More than 20 People are Running for President

October 12th, 2015
in Op Ed

Why do incompetents run for President, knowing they can’t win?

by Rodger Malcolm Mitchell,

Look at the people running for President.

Most (all?) of them are dishonest, clueless and/or incompetent, and most of them know they cannot win.

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