The Cheerleader Effect
“I don’t want to hear another negative word about cheerleaders....
Econowmics Blog
Monte Carlo Simulation
If you hear a “prominent” economist using the word ‘equilibrium,’...
Omitted Variable Bias
Omitted variable bias happens when a variable is omitted from your regression model. Duh!
Measuring inequality: The 20:20 ratio
“The first man who, having fenced in a piece of...
