WEB4 days ago · Overall, we rate The Library of Economics and Liberty (Econlib) Right Biased based on political positions and advocacy that favors the right. We also rate …
WEBJan 15, 2024 · One problem with my thought experiment is that we tend to have status quo bias. Right now, the US has a discretionary policy regime. In my thought experiment, we …
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The Library of Economics and Liberty (Econlib) – Bias and Credibility
WEBJan 14, 2021 · How can we explain this chasm between daily life and political rhetoric? By appealing to Social Desirability Bias. Quick version: When the truth sounds bad, people …
WEBBy Literature of Liberty Editor. In Vienna, prior to, during, and just after World War I, Ludwig von Mises (1881-1973) was attaining his full intellectual maturity. For a liberal like Mises …
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Overcoming Bias Is the Mother of Science - Econlib
WEBJan 3 2022. Behavioral Economics, Economic Methods. Overcoming Bias Is the Mother of Science. 8. Bryan Caplan. “Science is prediction.” Not quite true, but still deeply …
WEBOct 14, 2021 · A typical estimate of CPI bias is one percentage point per year. Might not seem like much, but over the course of fifty years, that translates to 64% higher living standards. What does this have to do with …
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Some Counterintuitive Thoughts on Monetary Policy - Econlib
WEB2 days ago · Scott Sumner. Here are five observations about recent trends in monetary policy: 1. The Fed would really like to avoid any further increase in interest rates. This …
WEBOct 22, 2007 · Econometric Confirmation Bias Arnold Kling Russ Roberts writes, Edward Leamer’s indictment of modern econometrics, “Let’s take the ‘con’ out of econometrics” …