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The almshouse dominated the thinking about poverty and the poor during America's period of industrialization and its greatest economic downturns. Yet economists had surprisingly little to say about the facts of almshouse demography, and what they have written has been a rather bad fiction when...
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Econometricians have been claiming proudly since World War II that significance testing is the empirical side of economics. In fact today most young economists think that the word “empirical” simply means “collect enough data to do a significance test”. Tjalling Koopmans’s influential...
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In several dozen journal reviews and in many other comments we have received—from, for example, four Nobel laureates, the statistician Dennis Lindley (2012), the statistician Arnold Zellner (2004), the mathematician Olle Häggström (2010), the sociologist Steve Fuller (2008), and the...
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Significance testing as used has no theoretical justification. Our article in the Journal of Economic Literature (1996) showed that of the 182 full-length papers published in the 1980s in the American Economic Review 70% did not distinguish economic from statistical significance. Since 1996 many...
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