Episode 131
Edward Leamer: Is Econometrics a Con?
The Accad and Koka Report · Mises Institute
July 23, 2020
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Show Notes
Dr. Leamer is a Professor of Economics and Statistics at UCLA who comes on the show to discuss the recent arrival of econometric analyses in medicine. He is a longstanding skeptic of the robustness of conclusions derived from econometrics and has some advice for clinicians puzzling over what to do with these analyses.
SHOW NOTES- Ed Leamer warns of the science of econometrics in 1983
- The Credibility Revolution in Empirical Economics: How Better Research Design is Taking the Con out of Econometrics – Angrist and Pischke argue in 2010 that new econometric tools : pseudorandomization, instrumental variables, and natural experiments mark a credibility revolution for the field
- Tantalus on the Road to Asymptopia- Ed Leamer responds to Angrist/Pischke
- Watch this episode on YouTube
Topics
Health