Content Section
From Newsweek

Confessions of an Econoholic

    • Building models one does not really believe to be useful or relevant.
    • Making simplifications that obscure or omit important things.
    • Using data one does not really believe in.
    • Focusing on the statistical significance of one’s findings while quietly doubting economic significance.
    • Engaging in data mining.
    • Drawing “policy implications” that one knows are inappropriate or misleading.
    • Keeping the discourse “between the 40-yard lines” so as to avoid being outspoken; knowingly eliding fundamental issues.
    • Tilting the flavor of policy judgments to make a paper more acceptable to referees, editors, publishers, or funders.
    • Disguising one’s methodological or ideological views, such as by omitting revealing activities or publications from one’s vitae.
    • For government, institute, or corporate economists: Having to significantly play along with things one does not believe in

    After the year we've had, I will be profoundly disappointed if these essays turn out to be lame.

    View As Single Page

    Related Stories

    Comments