Re:Amazon in Its Prime: Doubles Profits, Pays $0 in Federal ...
by pas on Wednesday February 13, 2019 @02:42PM
(#19156145)
Economists prefer models and policies based on models, based on data.
Of course economic data is usually statistical in nature, so interpretation leaves a pretty wide margin for personal biases to influence model/policy selection, but that doesn't mean economics is not evidence based.
Proving things is only possible withing a model. That's easy. Arguing for and finding the right model is hard.
Of course economic data is usually statistical in nature, so interpretation leaves a pretty wide margin for personal biases to influence model/policy selection, but that doesn't mean economics is not evidence based.
Proving things is only possible withing a model. That's easy. Arguing for and finding the right model is hard.