in these learned purveyors of bazaar gossip. From a comment in the post:
"Given that amongst the signatories there are knowledgeable social scientists, doubt if they have cooked up the figures."
We have from a recent post Problems with data "In a highly influential study, Acs found that the average high impact firm was about 20 years old and came in all sizes, small, medium, and large. Schramm, on the other hand, using a Census Bureau study, found that firms less than five years old created almost all of the jobs independent of size. They both cannot be right."
See also Can You Trust Census Data? By JUSTIN WOLFERS
After the recent economic crisis, we have respected economists, some of them Nobel prize winners, still arguing about causes and remedies. I feel that all should be quesioned and analyzed. One of the good things emerging out of the current debate in A.P. is the discussion about data and its connection with the ground realities. I hope that these discussions will continue.
Tuesday, February 16, 2010
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