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View Diary: Researchers finally replicated Reinhart-Rogoff, and there are serious problems. (124 comments)

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  •  Well, that's why economics isn't quite science. (0+ / 0-)

    Economics is math, trying to describe the real world. Economists don't have big model economies where they can flip the AUSTERITY lever on one and leave the control group alone. The best they can do is reverse-engineer some equations from observations of nature.

    But even if your “experiments” consist only of crunching numbers, they should of course be reproducible.

    Code Monkey like freedom / Code Monkey like peace and justice too
    Code Monkey very nerdy man / With big warm fuzzy bleeding heart
    Code Monkey like you!

    Formerly known as Jyrinx.

    by Code Monkey on Wed Apr 17, 2013 at 06:46:26 AM PDT

    [ Parent ]

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