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