on econometrics

[William S. Lear]

On Monday, May 10, 1999 at 08:41:35 (-0700) Michael Perelman writes:
>Can an econometric exercise ever produce anything more than a hint of an
>interesting idea?  I suspect that a skillful econometrician can find a
>relationship between any two arbitrary data sets.

Speaking of which, has anyone every taken a serious sustained critical
look at Milton Friedman's work on the money supply and inflation?

Bill