Public Profile for dozko
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A comprehensive guide to economics:
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On what its about:
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On what it considers "intuition":
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On how useful it is:
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Its true:
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Economists do it with models.
Econometricians do it if they can prove it.
Applied econometricians do it even if they cant.
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On what its about:
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"Mathematics is incomprehensible; economics just doesn't make any sense."
On what it considers "intuition":
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On how useful it is:
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How many economists does it take to change a light bulb?
Eight. One to do it and seven to keep everything else constant.
Eight. One to do it and seven to keep everything else constant.
Its true:
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Economists do it with models.
Econometricians do it if they can prove it.
Applied econometricians do it even if they cant.