I once had a discussion with an economist who told me
in almost these exact words:
"I don't care what the data say, the theory is so clear".
albyn
On 2013-04-26 9:30, William Dunlap wrote:
The prior for the incompetence/malice question is usually best set
pretty heavily in
favour of incompetence ...
The following comment on economic research is from a 2010 article in
the Atlantic
reviewing John Ioannidis' work.
http://www.theatlantic.com/magazine/print/2010/11/lies-damned-lies-and-medical-science/308269/
"Medical research is not especially plagued with wrongness.
Other meta-research experts have confirmed that similar issues
distort research in all fields of science, from physics to
economics
(where the highly regarded economists J. Bradford DeLong and
Kevin Lang once showed how a remarkably consistent paucity of
strong evidence in published economics studies made it unlikely
that any of them were right)."
Bill Dunlap
Spotfire, TIBCO Software
wdunlap tibco.com
-----Original Message-----
From: r-help-boun...@r-project.org
[mailto:r-help-boun...@r-project.org] On Behalf
Of S Ellison
Sent: Friday, April 26, 2013 9:08 AM
To: Thomas Adams; peter dalgaard
Cc: r-help
Subject: Re: [R] the joy of spreadsheets (off-topic)
> One might wonder if the "Excel error" was indeed THAT or
> perhaps a way to get the desired results, give the other
> issues in their analysis?
The prior for the incompetence/malice question is usually best set
pretty heavily in
favour of incompetence ...
S
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