Philip Pilkington — Even the Statisticians Are Highly Dubious of Applying Their Methods in Economics!

Lars Syll just ran a rather amusing quote from a handbook on mathematical statistics in which the author — a mathematical statistician — lays out all the cop-out arguments used by those who apply these methods in a dubious manner in the social sciences. I looked up the original book and I think that it might be worthwhile outlining another quote which is, in a sense, even more damning to those who try to use these methods in socials sciences and, most especially, in economics.

Fixing the Economists
Even the Statisticians Are Highly Dubious of Applying Their Methods in Economics!
Philip Pilkington