Mises.org: Keynes’s Critique of Econometrics Is Surprisingly Good
byIn 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…
econometrics
Why mathematics and modeling should not be equated with economics and human action
byA very intelligent friend of mine of markedly different political persuasions said the other day that he avoided “technical economic arguments” with me as…