Tagged: weeping

Establishing causality: one view - The Dismal Science

Eric Crampton Feb 28, 2015

Economists agonise, rightly, over causality: how can we tell whether one thing causes another thing rather than the other way round or whether both things might just both caused by some underlying third thing.Meanwhile, here's how the debate on causality plays out in the political arena.Under Labour minimum wage went up significantly and unemployment went down significantly. Time for a … Read More

You need a common base to measure changes - The Dismal Science

Eric Crampton Oct 29, 2013

Suppose I developed some new measure of how terrible journalistic reporting on health is. And by my new measure, fully 10% of newspaper articles on Stuff demonstrate a combination of complete innumeracy and absolute credulity. Suppose I then compared it to some prior, entirely different, measure of press innumeracy which listed only 6% of articles as being really bad in … Read More