kids v. economists

kelley kwalker2 at gte.net
Wed Feb 21 13:40:36 PST 2001


At 04:15 PM 2/21/01 -0500, Doug Henwood wrote:


>No "advances" in math can compensate for the things Keynes brought up in
>his critique of Tinbergen's early econometrics: "What place is left for
>expectation and the state of confidence relating to the future? What place
>is allowed for non-numerical factors, such as inventions, politics, labour
>troubles, wars, earthquakes, financial crises?.... [H]ow far are the
>results mechanically and uniquely obtainable from the data, and how far do
>they depend on the way the cook chooses to go to work?"
>
>Doug

see, it's what i already said (tho a mistake as i sent the offlist to barkley to the list). and it's just gonna take a sociologist to do this because it's not about methods, but METHODOLOGY.

face it, econodrones will be left to eat MY dust. vrooooom vrooooom!


:)
ok, i have waaaaaaaaay overposted.

kelley



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