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economics

drive-by regression

Books + Ideas — March 2012

"Drive-by regression" is my phrase - I think an original coinage - for describing what some economists (or statisticians or physicists) do when they pick some field, grab some convenient data, take it out of its context and perform some statistical analysis on it, preferably finding some kind of counter-intuitive result, and then depart, leaving the locals to deal with the resulting mess. more

Exchange rates and relative prices

Moving — July 2010

I've adjusted to thinking in pounds and not converting prices to Australian dollars, at least for daily life. more

Recession?

Oxford — April 2010

Wandering around central and inner East Oxford, there are few signs of economic malaise more

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