Not Even Weathermen Are Wrong This Often

But far from this being an unusual case, Ms McCloskey and Mr Ziliak found that 70% of the papers published during the 1980s in the American Economic Review (AER), one of the most respected journals of the dismal science, failed to distinguish between “economic” and “statistical” significance. They relied too much on numbers, and too little on economic reasoning.

From an article in The Economist titled Signifying nothing?

Via Mises Economics Blog.

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