Can Data by Itself Inform Us about the Real World?
Mainstream economists insist that data alone can explain economic events, permitting them to test economic theories. In truth, without sound theory, data is meaningless.
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Mainstream economists insist that data alone can explain economic events, permitting them to test economic theories. In truth, without sound theory, data is meaningless.
The Fed’s specialty is propaganda through data, with a long record of failure. This is by
Banking systems around the world have huge effects on our lives, yet few people understand how